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Call me dim, but why wouldn't we want stability?

Financial stability manes wealth capture harder. People may actually have to work for a living if the amplitude of the business cycle and volatility on the securities markets are damped.

There's not much more to it, really. See wikipedia.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Mon Oct 12th, 2009 at 03:59:04 PM EST
Financial stability manesmakes wealth capture harder


En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Oct 12th, 2009 at 04:10:25 PM EST
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