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Ep. 221 Kenneth Rogoff, "Our Dollar, Your Problem"
Kenneth Rogoff is professor of economics at Harvard University and former International Monetary
Fund (IMF) chief economist. In his most recent book, "Our Dollar, Your
Problem," he argues that America's currency might have reached today's
lofty pinnacle without a certain amount of good luck. However, as Professor
Rogoff nears the end of his 345-page book, he writes, quote: "If rapidly
rising debt is left unchecked, and there seems to be little political appetite
to rein in massive deficits, the United States and the entire world is in for a
substantial period of global financial volatility marked by higher average real interest rates and inflation."
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By C-SPAN
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Kenneth Rogoff is professor of economics at Harvard University and former International Monetary
Fund (IMF) chief economist. In his most recent book, "Our Dollar, Your
Problem," he argues that America's currency might have reached today's
lofty pinnacle without a certain amount of good luck. However, as Professor
Rogoff nears the end of his 345-page book, he writes, quote: "If rapidly
rising debt is left unchecked, and there seems to be little political appetite
to rein in massive deficits, the United States and the entire world is in for a
substantial period of global financial volatility marked by higher average real interest rates and inflation."
Learn more about your ad choices. Visit megaphone.fm/adchoices
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