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Ok, when you put it that way, I agree. As an aside, this phenomenon is known as “money illusion” in behavioral economics. So you’re onto something. ;) Yes, I t
by md_ 5y ago
Ok, when you put it that way, I agree. As an aside, this phenomenon is known as “money illusion” in behavioral economics. So you’re onto something. ;)
Yes, I totally buy that for some it drives a decision to invest at all (which may be good!). I’m skeptical it drives dangerous risk taking, however.