Ken Rogoff on How Crypto Is Infiltrating the Dollar’s Hegemony
(Bloomberg) — From the International Monetary Fund to the Federal Reserve, Kenneth Rogoff has spent years inside the institutions that helped shape the dollar-led global economic order.
Now, he warns that the dollar’s dominance can no longer be taken for granted.
In his new book, Our Dollar, Your Problem, the Harvard economist argues that the rise of China, geopolitical tensions and the growing influence of cryptocurrencies are chipping away at the greenback’s global standing.
In an interview with Bloomberg News, Rogoff spoke about why digital currencies, once dismissed as a fad, are here to stay.
The conversation has been edited for brevity and clarity.
Q: Why did you include a chapter on cryptocurrencies?
A: We’re…
