entity · derived

Black swan events

2 claims across 1 works, 2019–2019.

Derived node: assembled mechanically from the claims carrying black-swan-events. A roster, not an adjudicated definition.

Every claim under this term

• 3402701-030 2019 predictive: For any long-lived currency, a major shift in perceived value is eventually inevitable, and such a shift is not covered by reserves defending against hot money or by bonds defending against temporary
• 3402701-031 2019 design: When a fundamental shift in value occurs, repegging the currency at its more accurate value is more efficient than soldiering on with tax mechanisms to restabilize at the old peg.

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