Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance – #CryptoUpdatesGNIT
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2 Articles
Cryptocurrency is increasingly being used in the global shadow economy, undermining the US dollar's dominance there, former IMF chief economist Kenneth Rogoff said in an interview with Bloomberg. He noted that the influence of the American currency is gradually declining - it is losing ground to the yuan and the euro. ...
Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance – #CryptoUpdatesGNIT
American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with Bloomberg, Rogoff said that while the U.S. dollar is still the most dominant global currency, its influence is d…
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