Paul Krugman

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.

Okay.

So, I mean, we are very close to a Goldilocks economy in the United States.

Unemployment is low historically.

Inflation is low historically.

It's a little bit above the, you know, we have an official target of 2% inflation.

And it's, if you look at probably the better measures, it's more like 2.5.

And if you think that's really important, maybe you should

have a drink or two and calm down.

We're really in good shape.

This is about as good a moment as we've seen for a very, very long time.

And the question is, there's always