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Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth
Forward Guidance
Unicorn Start-Ups Are No Longer Rare
Venture capital-backed start-ups with a valuation of at least one billion dollars, known as unicorns, were once considered rare. However, with the Federal Reserve maintaining interest rates at zero, these start-ups became increasingly common. By 2021, there were so many unicorns that signs had to be put up on freeways to warn drivers of their presence.
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