Kenneth Rogoff on the Dollar, Stocks Laugh at Tariffs, Starbucks and Amazon Earnings

59 snips

Apr 29, 2025

This week, Kenneth Rogoff, a Harvard economist and chess grandmaster, joins to discuss the U.S. dollar's global dominance and its current challenges. He shares insights from his book on the implications of rising debt and inflation. The conversation navigates the future of Bitcoin amidst traditional finance, touching on market reactions to trade tariffs. Additionally, they delve into disappointing earnings from Starbucks and the market dynamics at play. Rogoff's expertise sheds light on the complexities of today's economic landscape.

Ask episode

AI Snips

Chapters

Books

Transcript

Episode notes

INSIGHT

Dollar's Global Role Benefits US

The US dollar's global dominance offers Americans huge benefits like lower interest rates.
This dominance is rare in history and could be lost due to geopolitical and economic shifts.

ANECDOTE

Global Love-Hate for US

Kenneth Rogoff recounted a 1960s bar scene where people loved American pop culture but criticized US policies.
This duality highlights global acceptance of the dollar despite resentment of America.

ANECDOTE

Chess Career Shaped Dollar Views

Kenneth Rogoff shared anecdotes from his chess career in the late 60s and 70s that shaped his worldview on dollar dominance.
He described how international chess fame gave him early insights into global perceptions of the US.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

On this TCAF Tuesday, Downtown Josh Brown sits down with Kenneth Rogoff, an economist, Harvard economics professor, and chess grandmaster, to discuss his new book "Our Dollar, Your Problem". They also dive into the current trade war, the dollars dominance, Bitcoin, an independent Federal Reserve and much more! Then at 57:16 hear an all-new episode of What Are Your Thoughts with Josh Brown and Michael Batnick!

This episode is sponsored by Betterment Advisor Solutions and Rocket Money!

To learn more about Betterment, visit ⁠http://Betterment.com/advisors⁠

Cancel your unwanted subscriptions today by visiting: ⁠http://rocketmoney.com/compound

Instagram: https://instagram.com/thecompoundnews

Twitter: https://twitter.com/thecompoundnews

LinkedIn: https://www.linkedin.com/company/the-compound-media/

TikTok: https://www.tiktok.com/@thecompoundnews

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

Learn more about your ad choices. Visit megaphone.fm/adchoices