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>The economy is never "stable". It is constantly in a cycle of ups and downs, over-investment and under-investment, easy money and tight money... That's pedant
by SantalBlush 4y ago
>The economy is never "stable". It is constantly in a cycle of ups and downs, over-investment and under-investment, easy money and tight money...
That's pedantic and beside the point. The question is whether the economy experiences periods of relative stability. The answer is yes.
- hn_go_brrrrr 4y agoWhat's the difference between stability and growth? If the economy isn't growing, people consider it "stagnant". Shrinking is "a recession".