Paul Krugman analyzes investor losses from Trump's cryptocurrency meme coin
By
Matthew Chapman
Summary
Nobel Prize-winning economist Paul Krugman analyzed data showing the scale of investor losses from President Donald Trump's cryptocurrency "meme coin" launched around his second inauguration. Citing a New York Times report, Krugman highlighted the staggering number of people who lost money in what he characterizes as self-enrichment schemes by Trump.
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bskyPaul Krugman analyzes investor losses from Trump's cryptocurrency meme coinrawstory.comKey quotes
· 3 pulled'Amazing': Nobel-winning economist floored as data shows how many 'suckers' Trump fleeced
Nobel Prize-winning economist turned political analyst Paul Krugman ran over the latest numbers on just how many people fell for President Donald Trump's self-enrichment scams — and came up with an astonishing figure.
That report estimated a loss of $
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