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As the stock market slumps and the economy shows signs of recession, the Trump administration is preparing for an economic detox. But just how did the economy get here? What drives the business cycle?
Recent market turmoil has signaled a coming recession, and both sides of Washington, D.C. are already spinning narratives to blame their political enemies for the business cycle. As the economy shifts into recovery mode, remember that the establishment has no interest in actually addressing monetary expansion, the true cause of recessions.
