Been Quote by Leonard Woodcock
“At the end of 1964, wholesale prices had been relatively stable for some years.”
About This Quote
Source Historical report: Economic data summary, 1965
Wholesale prices remained stable up to 1964, indicating a period of price equilibrium before later fluctuations.
In simple terms: Prices were steady before 1964.
Recognize periods of stability in markets.
Themes
Mood
Type
When to use this quote
- business planning
- investment decisions
- policy analysis
Key Concepts
Questions to Reflect On
- What factors might disrupt price stability?
- How can businesses prepare for sudden price changes?
Stability can mask underlying pressures that later cause volatility.