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price stability has it own set of problems. If a good was regulated to have a stable price nobody would be incentivized to find a clever solution to solve a fu
by nfin 4y ago
price stability has it own set of problems.
If a good was regulated to have a stable price nobody would be incentivized to find a clever solution to solve a future crisis with high demand for that good
- lottin 4y agoPrice stability refers to the stability of the price level. It has nothing to do with changes in individual prices which are unrelated to changes in the price level.