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Editorial
Paul Krugman’s ‘Pet Rock’
Amid a ‘Crypto winter’ and newfangled monetary experiments, like Bitcoin, Mr. Krugman is mystified by ‘the recent resilience of good, old-fashioned gold.’
The basis of monetary value at the U.S. Depository at Fort Knox, September 24, 1974. AP/Barry Thumma, file
THE NEW YORK SUN
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