The conversation also touches on modern monetary theory, quantitative easing, and the geopolitical implications of trade policies, especially with China. Lord King offers a critique of central bank digital currencies and cryptocurrencies, advocating against a completely cashless society. The interview ends with a call for younger leaders to step up and for current leaders to be more transparent about the sacrifices needed to address societal challenges.
Baron King of Lothbury is emeritus professor of economics at the London School of Economics, and the former Governor of the Bank of England. He served as Governor of the Bank of England and Chairman of its Monetary Policy Committee from 2003 to 2013. Lord King was knighted in 2011, made a life peer in 2013, and appointed a Knight of the Garter in 2014. His most recent books include The End of Alchemy, and another he co-authored, Radical Uncertainty: Decision Making for an Unknown Future.