Gold prices just shattered records amid rising real interest rates—what’s behind this rare phenomenon? Paul Krugman digs into hedge fund titan Ken Griffin’s concerns about Trump-era crony capitalism eroding trust in U.S. institutions. This surge signals global alarm over U.S. debt stability and lost investor confidence. Dive into Krugman’s insightful analysis here: https://paulkrugman.substack.com/p/ingots-we-trust #PaulKrugman #KenGriffin #goldprices #Trump #economicwarning #cronycapitalism #USdebt #investorconfidence
Ingots We Trust

Are soaring gold prices telling us something important?

Paul Krugman
“Trump rigs an Argentina bailout to enrich one billionaire. Congress didn’t approve it — just another blatant act of cronyism. Corruption this brazen is terrifying. #TrumpWatch #CronyCapitalism #Corruptionpopular.info/p/trumps-arg...

Trump’s Argentina bailout enri...
Trump’s Argentina bailout enriches one well-connected billionaire

A $20 billion taxpayer-funded rescue package for Argentina is a gift for a hedge fund manager with personal and professional ties to the Treasury Secretary

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Neera Tanden: "Someone needs to explain the rationale for cutting #USAID
but bailing out Argentina from their own whack policies."
#ethics #politics #Trump #PlayingFavorites #CronyCapitalism
Ken Griffin slams the Trump administration’s favoritism toward big corporations, calling it “anti-American” and warning it undermines fair competition. He denounces tariff exemptions as crony capitalism harming equity and warns businesses relying on government favors risk future backlash. Griffin’s insights urge a focus on innovation, not political games. Read more: https://www.cnbc.com/2025/09/25/ken-griffin-trump-white-house-tariffs.html #KenGriffin #TrumpAdministration #tariffs #cronycapitalism #governmentfavoritism #Apple #Nvidia #equity #MichaelMilken #SaraEisen
Ken Griffin knocks Trump's corporate deals, says 'all of us lose' when government starts picking winners

Griffin said the government giving "favor" to large and well-connected companies is "not the American story."

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