This view, which is certainly basically valid from a long term perspective, is nevertheless not incompatible with the possibility that a short term trade-off may exist between monetary and financial stability.
This is not a surprising statistic. In addition, poverty among ultraOrthodox households (47 percent) and Arab households (54 percent) is much higher than among the general population (12.5 percent). These trends are very much a result of the relatively low labor force participation and education levels, as I will show.