Unbridled capitalism in the United States can't be sustained socially. It leads to tensions.
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 RogoffIf you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on nearly the scale that we do.
Kenneth Rogoff