4 ms·
But changing policy at rapidly and at whim makes it difficult for businesses to invest in anything that has a longer payoff. I think on balance business people
by me_again 7y ago
But changing policy at rapidly and at whim makes it difficult for businesses to invest in anything that has a longer payoff. I think on balance business people would prefer to have a fairly stable macroeconomic and regulatory environment. Look at the UK, where uncertainty over Brexit has caused a substantial drop in business investment.
- Fjolsvith 7y agoInvestors are different than business owners, and have different goals. Business owners tend to find opportunity in change, whereas investors prefer a steady status quo.