Just a couple of days ago I posted something to try to debunk that tired old myth that 'feedback always comes too late and therefor can't work'. Apart from the fact that obviously it does work, which makes the first statement pretty stupid to begin with, here's my take on it.
The myth may result from an often repeated misconception that feedback comes 'after the fact' and therefore always comes too late.
This has been shown to not be the case over and over again but if you have no engineering background it may be difficult to grasp the concept. Let me try to help.
Obviously, there is a signal delay in an amp from input to output and back to the input through the feedback loop. Since the feedback loop is generally a pair of resistors, the bulk of the delay is in the amp. That is the case both in non-feedback as well as in feedback amps. Such delays are very small, often fractions of a microsecond, and in this context can be ignored.