Perhaps. It wasn't an analogy, but rather a vibrant reference to the concept of oscillation. Your original comment declares a simplistic version of "working" based around having reached one specific condition, while writing off the dynamic system behavior and other effects that occurred while getting to this point.
Now, do we have reasons to be believe that this oscillation between shortage and surplus will grow or diminish? Will the next half-cycle of the oscillation create negative qualitative effects, even if it is ultimately diminishing?
I'm not saying there are easy answers to those questions, but we're better off being able to ask them.