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Kenneth Rogoff Quotes

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We Americans are not about to stop borrowing as long as they give us money for nothing  (Kenneth Rogoff Quotes) I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can’t even comprehend that. Then I explain that he has more money than some countries.  (Kenneth Rogoff Quotes) The Indians and Chinese have become brilliant chess professionals. They get on a plane and play all over the world. This has led to dramatic pressure on incomes. Nowadays, the best chess player in Argentina can no longer make a living playing chess.  (Kenneth Rogoff Quotes) It comes as no surprise that average Americans have a different perception of the economy than (US President) George W. Bush and his friends. They can play around with statistics as much as they want, but it’s clear that we have an unfair distribution of wealth.  (Kenneth Rogoff Quotes) We all use cash in our everyday life, but we don’t use hundred-dollar bills. We’re not using 500-euro notes. And yet these account for mountains of cash out there. I think they’re being used in tax evasion and by criminals of all types.  (Kenneth Rogoff Quotes) The problem - at least in the United States - is not that people can’t find jobs. The problem is that they’re no longer finding jobs that provide them with dignity and decent social status.  (Kenneth Rogoff Quotes) The assertion that everyone benefits simultaneously from free trade is simply incorrect  (Kenneth Rogoff Quotes) Russia exists in the context of open global economy and is a part of it  (Kenneth Rogoff Quotes) I don’t think it’s time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.  (Kenneth Rogoff Quotes) It’s quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.  (Kenneth Rogoff Quotes) Today, chess programs have become so good that even grandmasters sometimes struggle to understand the logic behind some of their moves  (Kenneth Rogoff Quotes)