Economist:Kenneth Rogoff: Difference between revisions
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=== On Digital Currency and Monetary Policy === | === On Digital Currency and Monetary Policy === | ||
"The long-term trend toward a cashless society will fundamentally change monetary policy."<ref name="ref_2016_p247_1">Kenneth Rogoff, ''The Curse of Cash'' (2016), p. 247, Princeton University Press</ref> | |||
=== On Deflation and Central Banking === | === On Deflation and Central Banking === | ||
"Financial crises are an equal opportunity menace, affecting both rich and poor countries."<ref name="ref_2009_p292_1">Kenneth Rogoff, ''This Time Is Different'' (2009), p. 292, Princeton University Press</ref> | |||
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=== On Deflation and Central Banking === | === On Deflation and Central Banking === | ||
"High debt levels make economies vulnerable to confidence crises."<ref name="ref_2009_p175_1">Kenneth Rogoff, ''This Time Is Different'' (2009), p. 175, Princeton University Press (with Carmen Reinhart)</ref> | |||
=== On Digital Currency and Monetary Policy === | === On Digital Currency and Monetary Policy === | ||
"Central bank digital currencies are inevitable."<ref name="ref_2023_1">Kenneth Rogoff, ''Project Syndicate'' (2023), May 1, 2023, "The Case for Central Bank Digital Currencies"</ref> | |||
=== On Zero Marginal Cost Society === | === On Zero Marginal Cost Society === | ||
"Negative interest rates are a tool we shouldn't fear."<ref name="ref_2016_p158_1">Kenneth Rogoff, ''The Curse of Cash'' (2016), p. 158, Princeton University Press</ref> | |||
Revision as of 20:39, 12 August 2025
Kenneth Rogoff
Biography
American economist and chess Grandmaster, former Chief Economist of the IMF.
School of Thought
International Economics
Notable Quotes
On Digital Currency and Monetary Policy
"The long-term trend toward a cashless society will fundamentally change monetary policy."[1]
On Deflation and Central Banking
"Financial crises are an equal opportunity menace, affecting both rich and poor countries."[2]
References
Additional Notable Quotes
On Deflation and Central Banking
"High debt levels make economies vulnerable to confidence crises."[1]
On Digital Currency and Monetary Policy
"Central bank digital currencies are inevitable."[2]
On Zero Marginal Cost Society
"Negative interest rates are a tool we shouldn't fear."[3]