▲ | 317070 2 days ago | |
> It's just that economies are systems with feedback loops that exist on islands of stability. Like a ball on top of a hill. OK, I get that that is indeed what makes these headlines tick, but if we take a step back. That is a ridiculous way of looking at the economy. * historically speaking, there is no stability to be found * I don't see how the poor in the world would support this view that "stability is good" * in fact, I'm sure economists would raise alarms if we would have zero growth for a long time. |