Ken Rogoff

Professor of Economics and Public Policy Harvard University

The curse of cash and the allure of gold

In his book The Curse of Cash, leading economist Ken Rogoff suggests that excessive reliance on paper money is responsible for ills ranging from tax evasion to terrorism. He also believes that monetary policy would be more effective in a largely cashless society. Cryptocurrencies are not an effective replacement for paper money, he says, but gold’s role is likely to increase as cash fades from view.

Publication date time
5 years 1 month ago

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