entity · derived

Repegging

3 claims across 2 works, 2019–2021.

Derived node: assembled mechanically from the claims carrying repegging. 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.
• 3782216-035 2021 failure: Trying to hold a peg at an artificial level deters new adopters and punishes existing members, and is the most likely way to induce a death spiral that collapses a currency; after a fundamental change

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