Virginia Postrel quoteVirginia Postrel [1960-0]
American Writer
Quote rank: 506
As a general rule, durable-goods production tends to be the most volatile sector of the economy. Since people usually have a stock of durables in use, when times get tight, they put off new purchases. What seem like small cutbacks to the end buyer translate into big swings for the producer. |
SourceThe script ran 0.007 seconds.