Leverage: what this star will be
Borrowing multiplies the gain and the loss by the same number.
By Constellate · 9 September 2026 · the short form
Leverage is a star on the Constellate sky: placed by meaning, named, and connected to the stars around it. This is the short form of its post: the line it carries, the area we colour Economics, and what stands beside it today.
The line it carries on the sky: Borrowing multiplies the gain and the loss by the same number.
What stands beside it
The stars nearest to it are Banks Create Money, Compound Interest, Drawdown and Ergodicity. When Leverage opens, the conversation will land it among them, with a line drawn to each idea it touches.
Ask for this star
Every star is lit by demand. Ask for Leverage and it moves up the list; when it opens, this post becomes the full essay. The open stars beside it can be walked today, and the first concept of every course is free.