Reflexivity
Risk & psychologyRising prices changing the fundamentals that justified the rise.
In plain terms
Cheap capital funds growth, which justifies higher prices, which makes capital cheaper. It runs backwards too.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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