The only thing which can reliably control the "business" cycle is probably the purchasing (or not) of products by the people. This is what drives a free market, capitalism. The Feds interference has mostly failed. By looking at history, we see that all empires have fallen, usually caused by their own misdeeds. So, it is highly likely that the US Empire will fall, of its own making, probably relatively soon.
The only thing which can reliably control the "business" cycle is probably the purchasing (or not) of products by the people. This is what drives a free market, capitalism. The Feds interference has mostly failed. By looking at history, we see that all empires have fallen, usually caused by their own misdeeds. So, it is highly likely that the US Empire will fall, of its own making, probably relatively soon.
I give us one chance in three, to make it another fifty years, not bad odds some would say.
I’m sick of academic medicine Edwin, it’s fully captured.
By the Socialists & Communists in its entirety.
Thanks for the restack ScrewWorm