money they could then actually do things like negative interest rates and big economies like kind of rogoff have been actively pushing this right i mean i just watched the whole series of mr robot and they had evil coin and it seems like they took it right out of that plot of that that show anyway finally how can any imagine the cashless future really happened in a world where gold still exists beyond because of gold how do we fight back against the cashless society red cell what's the go forward here is there any hope so i mean there's actually really been some campaigns that people have tried to run on this on this issue and you know going to take the form of private small things for example in the u.k. there's a lot of pushback right now as the banks are trying to get rid of a.t.m.'s and branches out of remote rural towns or not to the elderly people finding them so shut out of the system and look you know the best way to think about it is when banks are shutting down a.t.m. so branches what they're basically trying to do is to prevent you accepting this system or at the a.t.m. is a plac

alix: bradley rogoff and alicia levine, thank you for being on set.e public market. we did a look at the ridesharing giant potentially 2.8 million. -- the ridesharing giants ipo. this is bloomberg. ♪ alix: here is what i am watching. lyft filing for its ipo. a bloomberg tech columnist learns a -- joins us from london. what have we learned? >> a proportion of the voting shares the cofounders will take, just below 50%. i certainly think it was remarkable they had less than 50% of the voting shares. alix: are the markets going to like that? >> it probably does not make a huge amount of difference. it means a tiny amount of swing in their direction for any change or any vote to go in their favor. the other point that did jump out was bloomberg news had a talk of valuation between 20 and $25 billion. the high end looks to be $19.6 billion. below earlier expectations. uber: is bloomberg -- is encouraged by what they've seen so far or is this discouraging? >> i think there is a certain amount of concern from the uber side. it is not a massive difference. it

and, you know, i think if they want to come up with, i don't know, ken rogoff, if you're looking for side, neil kashkari another possibility. there are other options. >> so, john i think that the criticism isn't about any of this i get that people are poking holes in his background. he doesn't have monetary policy degree, doesn't have a phd, as you said not the intellect gravitas but the real concern here, why people are outraged about it, is the independence of the federal resouth of you don't usually appoint someone who has political views or is so outspokenly in support of the president he wrote a book called "trump-enomics" and how trump's plan has been so beneficial for this economy having someone like that on the federal reserve does xloms its credibility and independence. >> the federal reserve has been around over 100 years. i can assure you, there have been many, many board members with strong political views. that doesn't mean they aren't independent. and i think steve has given interviews saying look, i may have been too harsh on the fed in the past. i'm willing to work wi

more about the health of the economy, growth, and the impact of the tax cuts for that we welcome ken rogoffgrover norquist who is with americans for tax reform he is the president there. k ken, let's start with you. combined with the weaker than expected retail sales number for december, does that concern you? >> i still think the economy is doing pretty well. the jobs number, they're hard to know what to make up from month to month i think the best guess is it will be stronger going forward the weak retail sales numbers, i don't understand so i don't know what's going on there. you know, wages are up consumer confidence is up. i would tend to think this is a soft patch the rest of the world is in a softer patch but i think the u.s. will still have a good year in 2019 who knows. >> grover, what about you? what do you think in terms of what we're seeing in the economy, what you're seeing with taxes coming in. and then with the budget being presented. what are your expectations on all of it? >> sure. on taxes, the big changes that came with the 2017 tax bill which is the corporate rate down t