Euro, Chinese yuan to end US dollar dominance, top economist says
Harvard Professor Kenneth Rogoff, a former IMF chief economist, believes the US dollar's dominance in global finance is weakening. Rogoff, who has studied global recessions and authored "Our Dollar, Your Problem," argues the dollar faces a crisis of legitimacy.
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AI-generatedHarvard Professor Kenneth Rogoff, a former IMF chief economist, believes the US dollar's dominance in global finance is weakening. Rogoff, who has studied global recessions and authored "Our Dollar, Your Problem," argues the dollar faces a crisis of legitimacy. He suggests the euro and Chinese yuan could challenge the dollar's top position. Rogoff has repeatedly warned about this potential shift in the global financial hierarchy. The interview focuses on Rogoff's analysis of the factors contributing to the dollar's instability and the rise of alternative currencies.
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4 extractedKenneth Rogoff published Our Dollar, Your Problem in May last year.
Kenneth Rogoff is a former chief economist at the International Monetary Fund.
The US dollar is approaching a crisis of legitimacy.
Euro, Chinese yuan to end US dollar dominance