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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.

The basis of monetary value at the U.S. Depository at Fort Knox, September 24, 1974. AP/Barry Thumma, file

THE NEW YORK SUNIMAGE

03:47:15 pm

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THE NEW YORK SUN

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