Kenneth Rogoff: Tariff Impacts, The Dollar's Future and Global Economic Shifts
In Good Company with Nicolai Tangen
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The Future of the Dollar and China's Economic Challenges
This chapter examines the declining dominance of the U.S. dollar as the world's reserve currency, reflecting on its historical peaks and current vulnerabilities amidst rising challengers like China. It explores the complexities of the Chinese economy, including skepticism about its GDP growth, deflationary pressures, and the effects of over-centralization on long-term stability. Additionally, the conversation highlights the shifting dynamics in global manufacturing and India's emerging growth amidst challenges faced by the Chinese economy.
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