Harvard's Rogoff on US Dollar and Crypto Regulation

The video discusses the economic challenges following COVID-19, including increased debt and inflation. It explores the impact of a strong dollar on global economies, particularly emerging markets, and the potential for currency and debt crises. The conversation shifts to digital currencies, examining the role of CBDCs and the challenges of regulating cryptocurrencies. Finally, the video addresses Japanese yield curve control and its implications for interest rates and central bank policies.

What role do central banks play in managing currency and inflation according to the discussion?

How do central bank digital currencies (CBDCs) differ from cryptocurrencies based on the text?

What are the challenges faced by regulators in the context of cryptocurrencies as highlighted in the text?