3 ms·
Overly simplistic and just not true. There is nothing in observed or theoretical economics that says every “up” has to be exactly balanced by a same sized “down
by dalyons 4y ago
Overly simplistic and just not true. There is nothing in observed or theoretical economics that says every “up” has to be exactly balanced by a same sized “down”. We would never get anywhere in aggregate if that was the case - net zero is clearly not what has happened over the last 100+ years.