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Ken Rogoff on how crypto is cutting into the US dollar's hegemony

Vildana Hajric / Bloomberg
Vildana Hajric / Bloomberg • 5 min read
Ken Rogoff on how crypto is cutting into the US dollar's hegemony
A loss of market share of the dollar makes it more difficult for US authorities to monitor financial flows for information that helps preserve national security, says Rogoff / Photo: Bloomberg
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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.

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