Given the high debt and employment issues in this country, it is striking to have credit and debit card use start reflating, says Kenneth Rogoff, Harvard economics professor, who comments on Bank of America CEO Brian Moynihan's comments about card use growth in recent months.

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Chairs: Squawk Takes a Stand on Pesticides Wed 22 May 13 \| 06:52 AM	BuzzFeed: Making Business News Go Viral Wed 22 May 13 \| 06:40 AM	Fed Policy: Tapering vs. Economy Wed 22 May 13 \| 06:30 AM	Cook & Dimon: Two CEOs Take on Tough Opposition Wed 22 May 13 \| 06:10 AM	Global Markets: Europe Stocks Mixed Wed 22 May 13 \| 06:06 AM
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Chairs: Squawk Takes a Stand on Pesticides Wed 22 May 13 \| 06:52 AM	BuzzFeed: Making Business News Go Viral Wed 22 May 13 \| 06:40 AM	Fed Policy: Tapering vs. Economy Wed 22 May 13 \| 06:30 AM	Cook & Dimon: Two CEOs Take on Tough Opposition Wed 22 May 13 \| 06:10 AM	Global Markets: Europe Stocks Mixed Wed 22 May 13 \| 06:06 AM
International Cooperation Needed on Tax: David Cameron Wed 22 May 13 \| 05:53 AM	Trade of the Day: Sell JPY Over JGB? Wed 22 May 13 \| 05:41 AM	When Should the Fed Taper Its Stimulus Program? Wed 22 May 13 \| 05:30 AM	HP Is 'Under Pressure': Pro Wed 22 May 13 \| 05:20 AM	IRS Scandal Hugely Distracting for Obama: Pro Wed 22 May 13 \| 05:00 AM
Bonus Limits Won't Reduce Competitiveness: Schulz Wed 22 May 13 \| 04:51 AM	'Brixit' Still Possible: Pro Wed 22 May 13 \| 04:20 AM	Why the Yen Will Keep Moving Wed 22 May 13 \| 04:00 AM	Should You Stay Clear of Japan? Wed 22 May 13 \| 04:00 AM	Tax Evasion Erodes Trust in Europe: Schulz Wed 22 May 13 \| 03:38 AM
European Markets Open Mixed Wed 22 May 13 \| 03:00 AM	Fed Change Is Coming in Soon: Pro Wed 22 May 13 \| 03:00 AM	The Moat of Social Networks Is Dry: Economist Wed 22 May 13 \| 02:44 AM	Opportunities in Market 'Dislocations': Pro Wed 22 May 13 \| 02:30 AM	Xbox One Is First Consul to Take on TV: Pro Wed 22 May 13 \| 02:15 AM
Are Markets Getting a Free QE Lunch? Wed 22 May 13 \| 02:00 AM	Facebook Losing Cool Factor as Kids Turn to Twitter Wed 22 May 13 \| 01:49 AM	Stock in Sixty Seconds: Microsoft Wed 22 May 13 \| 01:21 AM	Julia Boorstin Previews Microsoft's Xbox One Wed 22 May 13 \| 01:20 AM	EU Leaders Battle Over Tax Avoidance Wed 22 May 13 \| 01:13 AM
Why Can't Shell Find 'Capable Women'? Wed 22 May 13 \| 01:05 AM	Here's How China Escaped Poverty So Quickly Wed 22 May 13 \| 12:35 AM	Dollar-Yen Movements Reliant on US Rates Wed 22 May 13 \| 12:20 AM	Why Monetary Stimulus is Set to Continue Wed 22 May 13 \| 12:05 AM	DirtyGirl Disposal's Disappointment Wed 22 May 13 \| 12:00 AM

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Kenneth Rogoff on Consumer Spending

Kenneth Rogoff on Consumer Spending

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