The host (from ex-Soviet block background) recalls that even in the Soviet Union, people knew the ruble was artificial and that everyone wanted dollars instead, suggesting local knowledge contradicted official claims about the convertible ruble's utility.
factualpending
Speaker
Los RoskEvidence Quote
“inside we were all sort of like laughing at it that was just of a sort of a fig leaf that everybody wanted a green back.”
Source
Kenneth Rogoff (Harvard University): "The dollar will always be there, but it will be less."— Prague Finance InstituteCreated: 8/11/2026, 7:07:38 AM
My Notes
Loading notes...