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 RogoffToday, chess programs have become so good that even grandmasters sometimes struggle to understand the logic behind some of their moves.
Kenneth RogoffWe're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.
Kenneth RogoffI think that a lot of the money - these big bills - is used to facilitate tax evasion and crime.
Kenneth Rogoff