Video News/In Focus with Jeremy Szafron
Ken Rogoff: 'The days are numbered' for US dollar dominance
Kitco News Anchor Jeremy Szafron sits down with one of the world's most respected economists, former IMF Chief Kenneth Rogoff, for a stunning interview about the future of the U.S. dollar. As central banks buy gold at the fastest pace in modern history , Professor Rogoff, author of the new book 'Our Dollar, Your Problem,' explains why the dollar's "days are numbered." In this wide-ranging discussion, Rogoff tells Jeremy Szafron why he believes the Federal Reserve is "under assault" - a structural problem in US politics that will inevitably lead to higher inflation. He also declares that "the Chinese crisis is here" , explains why the US is vulnerable to a Japanese-style inflation shock , and reveals why he believes "gold is the new gold."
Guests: Ken Rogoff
Source: Kitco News
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