Economist:Kenneth Rogoff

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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."

—Kenneth Rogoff, The Curse of Cash (2016), p. 247, Princeton University Press

On Deflation and Central Banking

"Financial crises are an equal opportunity menace, affecting both rich and poor countries."

—Kenneth Rogoff, This Time Is Different (2009), p. 292, Princeton University Press

Additional Notable Quotes

On Deflation and Central Banking

"High debt levels make economies vulnerable to confidence crises."

—Kenneth Rogoff, This Time Is Different (2009), p. 175, Princeton University Press (with Carmen Reinhart)

On Digital Currency and Monetary Policy

"Central bank digital currencies are inevitable."

—Kenneth Rogoff, Project Syndicate (2023), May 1, 2023, "The Case for Central Bank Digital Currencies"

On Zero Marginal Cost Society

"Negative interest rates are a tool we shouldn't fear."

—Kenneth Rogoff, The Curse of Cash (2016), p. 158, Princeton University Press