Israel is not alone in the region anymore. The middle east is bipolar now, and Israel is well established in the anti-Iran coalition. I wouldn’t call this “stabilizing”, but if the actual fighting is contained to Israel, Iran, and Iranian proxies, that is good for the rest of the anti-Iran coalition.
Sucks for Israel, but when your political leadership is fighting with military leadership because the latter is not sufficiently hawkish, I don’t think “stability” is the policy objective said leadership is actually pursuing.
American’s were used to living in a low inflation environment. Argentinians have been living in a high inflation environment for decades.