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Booms and BustsU.S. Economy
Booms and BustsCapital and Interest Theory
Booms and BustsBusiness Cycles
Booms and BustsMedia and CultureBusiness CyclesPolitical Theory
Booms and BustsTaxes and SpendingBusiness Cycles
Booms and BustsMoney and BanksBusiness CyclesMoney and Banking
Big GovernmentBooms and BustsMonetary Theory
All governments are firmly committed to the policy of low interest rates, credit expansion, and inflation.
Central banks never recovered and "normalized" their balance sheets after the 2008 crisis. That means the current system is very fragile.
Booms and BustsMoney and BanksMoney and Banking
The markets are betting on a new Trump-driven economic miracle to soften the blow of the next recession. It may be a vain hope.
Booms and BustsTaxes and SpendingMoney and BankingPolitical Theory
Donald Trump's spending plans will not invigorate the economy. However, There are some things Trump could do to truly encourage wealth creation.