About This Event
The webinar will explore the benefits and challenges of government debt, with a particular focus on the United States. As the world’s primary provider of safe assets, the United States enjoys an “exorbitant privilege,” but this role also brings significant challenges, as illustrated by the Triffin Dilemma.
We will examine the U.S. government’s debt capacity in the context of productivity growth expectations, especially those driven by advancements in artificial intelligence. Additionally, the session will draw lessons from history on what happens when governments approach their debt capacity limits—and what these dynamics imply for inflation risk.
