Former IMF Chief Economist Ken Rogoff on Manipulation of Capital

cnbc.com
AUG 4, 2017

Former IMF Chief Economist, Kenneth Rogoff & CNBC's Rick Santelli discuss wage growth & the manipulation of capital.

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Summary; 

Santelli rants off that central bankers have printing press and can create capital, they can print, manipulate capital and why there is no inflation

Rogoff says nobody knows why there is no inflation

Santelli Then asks there are large amounts of debt what come next after all this debt

Rogoff  discusses low interest and his new book "The Curse of Cash" says negative interest rates are powerful in a financial crises.



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