Comments on: Catastrophe bonds for the financial banking systems http://www.artemis.bm/blog/2009/06/10/catastrophe-bonds-for-the-financial-banking-systems/ The Alternative Risk Transfer, Catastrophe Bond, Insurance-Linked Securities and Weather Risk Management Blog Mon, 06 Feb 2012 19:41:29 +0000 hourly 1 http://wordpress.org/?v= By: Johnny Abacus http://www.artemis.bm/blog/2009/06/10/catastrophe-bonds-for-the-financial-banking-systems/#comment-14377 Johnny Abacus Tue, 16 Jun 2009 15:45:45 +0000 http://www.artemis.bm/blog/?p=934#comment-14377 The trick to all this is that there is already implicit catastrophe bonds, and they work very well - the fiat currency issuer inflates massively upon bank run. Of course, this system isn't exactly stable, but it certainly has roughly the same effects as the system proposed. The trick to all this is that there is already implicit catastrophe bonds, and they work very well – the fiat currency issuer inflates massively upon bank run.

Of course, this system isn’t exactly stable, but it certainly has roughly the same effects as the system proposed.

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