The US greenback was falling for a few decade – so says Kenneth Rogoff, professor of Harvard and former Economist of the IMF. Donald Trump’s industrial insurance policies raised many questions on the way forward for the greenback and the way its decline may affect the remainder of the currencies of the world. Rogoff joins Martin Wolf to debate how the decline of the greenback can improve China, the capitals of the United States and the rationale why cryptocurrency is a higher menace to the hegemony of the greenback than most individuals are made.
Martin Wolf is the principle financial system commentator on the Financial Times. You can discover his column right here: https://www.ft.com/martin-wolf
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Presented by Martin Wolf. Produced by Mischa Frankl-Duval. Manuela Saragosa is the chief producer. Original Breen Turner music and sound design. The head of FT’s audio is Cheryl Brumley.
Read a transcription of this episode on FT.com
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