IL38: Our Dollar, Your Problem ft. Kenneth Rogoff

What if the most dangerous thing in the global economy isn’t a shock — but the quiet collapse of the frameworks we still rely on? In this rare, unfiltered conversation, Kenneth Rogoff — Harvard professor and former IMF Chief Economist — joins Kevin Coldiron to confront the reality that’s too uncomfortable for most policymakers to admit: The world has changed. The models haven’t. Rogoff explores what happens when inflation refuses to respond, debt compounds beneath the surface, AI reshapes productivity, and geopolitics redraws the map — while central banks keep playing by yesterday’s rules. This isn’t a call for panic. It’s a call for intellectual honesty. Because in a world where the past no longer explains the present, clarity is the only edge that matters. If you manage capital — or ideas — in a world built on assumptions, this episode is for you. ----- JOIN THE TREND FOLLOWING MANIFESTO BOOK LAUNCH LIST TO GET SPECIAL LOW PRICE ON OUR UPCOMING BOOK DURING THE FIRST WEEK! - CLICK HERE ----- Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website. IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here. Learn more about the Trend Barometer here. Send your questions to [email protected] And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Kevin on SubStack & read his Book. Follow Kenneth on X and read his book. Episode TimeStamps: 02:01 - Introduction to Kenneth Rogoff 03:04 - What is at stake if the dollar loses its dominance? 09:13 - How Trump tariffs are destroying the dollar 13:27 - What are the alternatives to the dollar dominance? 19:18 - How increased military spending could strengthen the European currencies 27:19 - The Chinese Yuan is evolving 36:01 - The potential for alternative stable coins 43:25 - The perks of currency dominance 44:26 - Why dollar dominance gives us lower rates 52:05 - Are we entering a new era of currencies? 54:55 - What form will the financial repression take? 59:24 - How Rogoff would deal with the U.S debt 01:03:21 - We are gambling on rates 01:06:31 - Its time for the profession to wake up Copyright © 2026 – CMC AG – All Rights Reserved ---- PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey: 1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here 2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here 3. Other Resources that can help you And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here Privacy Policy Disclaimer