Ex-IMF Chief Ken Rogoff: ‘The Federal Reserve is Under Assault,’ Warns Higher Inflation is Coming

Video Description

Kitco News Anchor Jeremy Szafron sits down with one of the world's most respected economists, former IMF Chief Kenneth Rogoff, for a stunning interview about the future of the U.S. dollar. As central banks buy gold at the fastest pace in modern history , Professor Rogoff, author of the new book 'Our Dollar, Your Problem,' explains why the dollar's "days are numbered." In this wide-ranging discussion, Rogoff tells Jeremy Szafron why he believes the Federal Reserve is "under assault" - a structural problem in US politics that will inevitably lead to higher inflation. He also declares that "the Chinese crisis is here" , explains why the US is vulnerable to a Japanese-style inflation shock , and reveals why he believes "gold is the new gold." Guest: Kenneth Rogoff Harvard University Professor Former Chief Economist, International Monetary Fund Author, "Our Dollar, Your Problem" and "This Time is Different" This interview was recorded on September 16, 2025. 0:00 - Intro: The US Debt is Growing by $1 Trillion Every 100 Days 1:20 - Ken Rogoff: Why This Time is Truly Different for the US Dollar 2:15 - Asia is Half the Dollar Bloc, And They're Buying Gold 3:30 - The "Tina" Argument: Is the Dollar Still the Cleanest Shirt? 5:00 - Why China is Being Forced to De-Dollarize 5:45 - Has the Market Lost Faith in the Federal Reserve's Guidance? 6:50 - Rogoff: The Fed is "Under Assault," and it's Not Just Trump 7:30 - Is the Fed Trapped Between Inflation and a Debt Crisis? 8:30 - The Deeper "Disease" in the US Political System 11:20 - How Political Pressure Impacts the Fed's Global Perception 13:50 - The "Unforced Error" That Puts US Debt at Risk 14:30 - The Truth About Japan's Debt Crisis: "Boy is That Wrong" 16:45 - Is the US Vulnerable to a Japanese-Style Inflation Shock? 19:10 - Why Central Banks are Really Buying Gold (Sanctions & Distrust) 21:00 - The Weaponization of the US Dollar: "It's Happened" 22:20 - Stablecoins: An Innovation or a Threat? 24:08 - Why Russia & China Are Trading in Stablecoins 25:20 - Bypassing SWIFT: The New De-Dollarization Threat 26:50 - The UK's "Unforced Error" and the Decline of the Pound 29:15 - How Tariffs Reduce the Desirability of the Dollar 30:30 - Hemingway: How You Go Bankrupt "Slowly, Then All at Once" 33:20 - LIGHTNING ROUND: Bitcoin, Inflation, China Crisis 35:20 - How a Top Economist Structures a Personal Portfolio 36:10 - Rogoff: "Gold is the New Gold" #KennethRogoff #USDollar #FederalReserve #Dedollarization #Inflation #KitcoNews #EconomicCrisis #Gold #China __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram: https://www.instagram.com/kitconews Facebook: https://www.facebook.com/KitcoNews LinkedIn: https://www.linkedin.com/company/kitconews Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver Live crypto market data: https://www.kitco.com/price/crypto Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.