Economist:Kenneth Rogoff
Kenneth Rogoff[edit]
Biography[edit]
American economist and chess Grandmaster, former Chief Economist of the IMF.
School of Thought[edit]
International Economics
Notable Quotes[edit]
On Digital Currency and Monetary Policy[edit]
"The long-term trend toward a cashless society will fundamentally change monetary policy."[1]
On Deflation and Central Banking[edit]
"Financial crises are an equal opportunity menace, affecting both rich and poor countries."[2] "High debt levels make economies vulnerable to confidence crises."[3]
On Digital Currency and Monetary Policy[edit]
"Central bank digital currencies are inevitable."[4]
On Zero Marginal Cost Society[edit]
"Negative interest rates are a tool we shouldn't fear."[5]
References[edit]
- ↑ Kenneth Rogoff, The Curse of Cash (2016), p. 247, Princeton University Press
- ↑ Kenneth Rogoff, This Time Is Different (2009), p. 292, Princeton University Press
- ↑ Kenneth Rogoff, This Time Is Different (2009), p. 175, Princeton University Press (with Carmen Reinhart)
- ↑ Kenneth Rogoff, Project Syndicate (2023), May 1, 2023, "The Case for Central Bank Digital Currencies"
- ↑ Kenneth Rogoff, The Curse of Cash (2016), p. 158, Princeton University Press