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