"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium"

This quote by Friedrich August von Hayek is describing the idea of financial stability. He is stating that while we can comprehend the general conditions that would lead to an equilibrium, we can not predict the precise rates or wages that would be developed in the market if stability were to be attained. This is because the market is continuously altering and the costs and salaries are determined by the interactions in between purchasers and sellers. Therefore, it is impossible to know what the specific prices and earnings would be in a provided market at any offered time. Hayek's quote is a pointer that while we can comprehend the general conditions that cause stability, we can not anticipate the exact prices and salaries that would be developed in the market if equilibrium were to be attained.