It is the positive feedback trading and self-reinforcing mechanism, which enforced the expectations normalized speed and degree. So the liquidity black hole appears.

正是这种正反馈的交易机制，自我增强了预期归一化的速度与程度，导致流动性黑洞的出现。

youdao

It is the positive feedback trading and self-reinforcing mechanism, which enforced the expectations normalized speed and degree. So the liquidity black hole appears.

正是这种正反馈的交易机制，自我增强了预期归一化的速度与程度，导致流动性黑洞的出现。

youdao