The bad actors and incompetent have been incentivised to keep on failing whilst productive, law-abiding savers have been disenfranchised and stolen from ... bailouts and inflation.
Krugman was not just an apologist for this criminal behaviour but a vociferous proponent and political activist in many ways. He should be indicted imho, leaving academia in disgrace is too good for him.
Notice too the connection between Krugman and all those "bad actors" in our society who reap the benefits. The mindset is
exactly the same: Narcissist, big ego, too-big-to-fail, bullying, condescending, low EQ and no empathy, and eventually unmasked and dismissed for being incompetent. There are not many differences between Krugman and many awful C-level executives that I've met in my day.
