"Cannot find module 'conf'" unless setting "moduleResolution": "node16" or "nodenext"

[jameshfisher]

Minimal example here: https://github.com/jameshfisher/bug-example-conf-import

I followed the instructions in the README, but got this confusing error:

$ npx tsc
main.ts:1:18 - error TS2307: Cannot find module 'conf' or its corresponding type declarations.

1 import Conf from 'conf';
                   ~~~~~~

Through trial and error, I found that the error goes away after setting "moduleResolution": "node16" in tsconfig.json. However, this setting causes other issues in my project.

[sindresorhus]

See https://gist.github.com/sindresorhus/a39789f98801d908bbc7ff3ecc99d99c