Gita Gopinath on Trade, Currencies, and Economic Transformation

Gita Gopinath, First Deputy Managing Director of the IMF, joins Tyler for a wide-ranging conversation on global economics. They cover why exchange rates don't adjust as standard models predict, Argentina's dramatic disinflation under President Milei, and whether the eurozone's monetary union has underperformed. The discussion also delves into China's trade surpluses, the promise and perils of stablecoins and CBDCs, and the uncertain productivity gains from AI. Finally, Gopinath shares personal reflections on her family's roots in Kerala, explaining the state's unique political culture and the influence of matriarchy.