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John Tamny: Let’s Please Stop Insulting Silicon Valley With the Assertion That the Fed Made It


For businesses and business sectors to succeed, they need "cheap, easy access to capital." Those are the words of Manhattan Institute senior fellow Allison Schrager in a City Journal piece written about Silicon Valley's ascent. Schrager asserts that the "easy money" flowing into the Valley ceased with the Federal Reserve's rate hikes, at

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Posted: March 19, 2023 Sunday 10:00 AM