AUG 4, 2017
Former IMF Chief Economist, Kenneth Rogoff & CNBC's Rick Santelli discuss wage growth & the manipulation of capital.
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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.