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Paul Krugman.

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  • The collapse of Silicon Valley Bank has bred "apocalyptic" fears in markets, but most are unfounded, Paul Krugman said.
  • The Nobel economist refuted myths about SVB's failure and rescue in an op-ed for the NYT.
  • But he remained concerned about one issue: SVB's impact on the Fed's mission to lower inflation.

The collapse and rescue of Silicon Valley Bank has led to some bleak rhetoric in markets, but almost none of the most commonly voiced fears are correct, according to Nobel economist Paul Krugman.

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Markets, MI Exclusive, Paul Krugman, Silicon Valley Bank collapse, Silicon Valley Bank, SVB, Bailout, Lehman Brothers, Financial Crisis, Banking Crisis, economy, Recession, US Economy and Markets, Inflation, fed inflation, fed interest rates, interest rates outlook
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Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to '…