Hedge financeFinancial Markets HistoryBorrowing where income covers both interest and principal; the safest form of finance.Learn about this termUnit 12: credit cycles instabilityFinancial Markets HistoryRelated TermsSpeculative financeBorrowing where income covers interest but principal must be...Ponzi financeBorrowing where income does not cover even interest; depends...Minsky momentThe point at which excess speculation leads to asset price c...