The US dollar has been down slow for about a decade – says Kenneth Rogoff, Professor of Harvard and former IMF chief economist. Donald Trump's trade policies have raised many questions about the future of the dollar – and how its decline could affect the rest of the world currencies. Rogoff joins Martin Wolf to discuss how the dollar decline could allow China, the capital's capital flight and why cryptocurrency is a more important threat to dollar hegemony than most people think.
Martin Wolf is a chief commentator of the economy at the Financial Times. You can find its column here: https://www.ft.com/martin-wolf
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Presented by Martin Wolf. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. The FT audio manager is Cheryl Brumley.