I have a question on Lipschitz equivalence, defined in the following way:
Let $X$ be a set, and let $d$ and $d'$ be metrics on $X$. We say that $d$ and $d'$ are Lipschitz equivalent if there exists real numbers $c,C>0$ such that for all $x,y \in X$,
$$ c d(x,y) \leq d'(x,y) \leq C d(x,y) $$
I would like to know if it is sensible to visualise the equivalence as follows: let A be a space as seen under metric $d$. Then we can obtain the space A as seen under metric $d'$ by stretching and/or compressing the space by a finite amount. I am picturing it as the space being a giant 2-dimensional rubber surface that I can stretch and compress at will.
Does this make sense?