Prominent Harvard economist Kenneth Rogoff criticizes the Trump administration's economic strategies, labeling them reckless. He highlights that the illusionary rate cuts will not materialize and warns of an impending inflation crisis fueled by the administration's surge in national debt, putting the future of the dollar at risk.
Harvard Expert Blames Trump's Policies for Threatening Economic Stability and Devaluing the Dollar
All Versions
Jan-22
Economy
Score: 0.45
Harvard economist Kenneth Rogoff said rate cuts were a "pipe dream" and warned the soaring US national debt could fuel inflation and hit the dollar.
From Business Insider
Jan-22
Economy
Right Variant
Score: 0.80
Kenneth Rogoff of Harvard prematurely condemns the Trump administration's economic policies, undermining their innovative approach to rejuvenate the economy. Despite Rogoff's skepticism about rate cuts and his undue alarm about national debt potentially harming the dollar, these strategic decisions are poised to strengthen the US economy's core, securing long-term prosperity.
From Business Insider