Buy sign for bitcoin; Paul Krugman says it’s a bust

Hahaha. The former opnion writer for the NY Times – now has a substack column as he seems to have left the Times by mutual agreement.

Yes I know, he won the Nobel Prize – for ideas on International Trade, which in his mind made him an expert on everything. For years, begining in 2003, there was a network started by Donald Luskin called the “Krugman Truth Squad” to highlight his errors and distortions.

Here are just two of his many stupid opinions – in 1998 saying the growth of the internet will slow drastically and more recently – 2021 –inflation would be transitory. At least he admitted he was wrong on inflation – a year later. I could list many more but you get the point.

Anyway this is a buy sign for bitcoin and a solid indicator that bitcoin is here to stay. Of course the last five minutes is spent attacking Trump and his family.


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