Paul Krugman

Do you have confidence that some of the corporations that have raised prices in response to tariffs actually will lower them?

Well, that's always a question.

But, you know, we have ongoing inflation running at about 3% a year.

So all that has to happen is for companies not to raise prices as much as they would have.

So all of this plays out a little bit over the course of, let's say, a year.

So I don't have much doubt that we will, in fact.

But, of course, if this is a net reduction in tariffs, because Trump is basically proposing a new set of tariffs to make up for the loss of the old ones.

So any consumer relief may be very short-lived here.

A lot of people sold Bitcoin as being the next gold.

And it turns out that in the face of doubts about stability, doubts about politics, the next gold turns out to be gold, not Bitcoin.

I think it's a big wake up for people that maybe this isn't actually going to be an enduring asset.

A lot of people sold Bitcoin as being the next gold.

And it turns out that in the face of doubts about stability, doubts about politics, the next gold turns out to be gold, not Bitcoin.

I think it's a big wake up for people that maybe this isn't actually going to be an enduring asset.

A lot of people sold Bitcoin as being the next gold.

And it turns out that in the face of doubts about stability, doubts about politics, the next gold turns out to be gold, not Bitcoin.

I think it's a big wake up for people that maybe this isn't actually going to be an enduring asset.

A lot of people sold Bitcoin as being the next gold.

And it turns out that in the face of doubts about stability, doubts about politics, the next gold turns out to be gold, not Bitcoin.

I think it's a big wake up for people that maybe this isn't actually going to be an enduring asset.