Krugman: US seizure of foreign gold at Fed no longer improbable

Nobel laureate Paul Krugman argues that the risk of the US seizing foreign-held gold reserves at the Federal Reserve is no longer far-fetched, citing growing precautionary moves by central banks. The claim is an opinion piece, not a confirmed event, but reflects rising distrust in US financial institutions amid geopolitical tensions. If realized, such a move would mark a major shift in global reserve management and dollar credibility.