Economist:Kenneth Rogoff
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] "High debt levels make economies vulnerable to confidence crises."[3]
On Digital Currency and Monetary Policy
"Central bank digital currencies are inevitable."[4]
On Zero Marginal Cost Society
"Negative interest rates are a tool we shouldn't fear."[5]
References
- ↑ 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