Worrying about inflation now is like worrying about the measles when you might get the plague.
Kenneth RogoffCash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills.
Kenneth RogoffThere has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.
Kenneth RogoffI don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.
Kenneth Rogoff