Harvard's Rogoff Makes the Case for Negative Interest Rates

The video discusses the challenges of current monetary policy, particularly the limitations of traditional instruments like interest rate cuts and quantitative easing. It explores the concept of negative interest rates as a potential solution, addressing issues like cash hoarding. The discussion then shifts to digital currency, examining its current role and potential future impact on the economy. The video concludes with a look at how smaller countries might lead the way in adopting digital currency, highlighting the need for innovative approaches in monetary policy.

How might the transition to digital currency differ between retail and wholesale markets?

What factors could influence the acceptance of digital currency among the public?

What are the privacy issues associated with digital cash?