Paul Krugman on why #gold and #silver values are going crazy right now.
> The Lowdown on Debasement. https://paulkrugman.substack.com/p/the-lowdown-on-debasement
This is essential reading if you are trying to understand money flows at the moment. Especially if you want to understand the dangers to the USA #economy as foreign and institutional investors pull out of the USA bond market and hedge by moving their #money to precious metals.
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