Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline

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Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on x (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on facebook (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on linkedin (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on whatsapp (opens in a new window) Save Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on x (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on facebook (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on linkedin (opens in a new window) Martin Wolf talks to Kenneth Rogoff: Trump is accelerating the dollar’s decline on whatsapp (opens in a new window) Save Published May 5 2025 Jump to comments section Print this page Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Your browser does not support playing this file but you can still download the MP3 file to play locally. The US dollar has been in slow decline for around a decade – so says Kenneth Rogoff, Harvard professor, and former chief economist of the IMF. Donald Trump’s trade policies have raised a lot of questions about the future of the dollar – and how its decline could affect the rest of the world’s currencies. Rogoff joins Martin Wolf to discuss how the decline of the dollar could empower China, capital flight from the US, and why cryptocurrency is a bigger threat to dollar hegemony than most people realise. Martin Wolf is chief economics commentator at the Financial Times. You can find his column here: https://www.ft.com/martin-wolf Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Martin Wolf. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. The FT’s head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com View our accessibility guide . Copyright The Financial Times Limited 2025 . All rights reserved. Reuse this content (opens in new window) Comments Jump to comments section Promoted Content Follow the topics in this audio US trade Add to myFT US politics & policy Add to myFT US dollar Add to myFT The Economics Show Add to myFT Comments Comments have not been enabled for this article.