Phil Luck

Phil Luck, Director of the economics program at CSIS and a former deputy economist at the State Department, discusses the U.S. national debt and its implications. He highlights the roles of government borrowing, fiscal policies, and the importance of a national dialogue on entitlement reform. Luck also explains how the dollar's global dominance affects borrowing costs and geopolitical power. The conversation touches on complex monetary policies post-COVID-19 and explores potential solutions, including the impact of cryptocurrencies on the debt crisis.