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by SantalBlush 1357 days 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.

1 comments

What's the difference between stability and growth? If the economy isn't growing, people consider it "stagnant". Shrinking is "a recession".