THE BEGINNING OF THE END FOR THE DOLLAR 193“T-Factor” or “critical threshold”. The critical threshold is the
point at which your behavior changes based on the behavior
of others.
Where is it? It’s probably different for every one of you.
Going back to our illustration, for some people, ten people
running out of the room would be enough to convince them to
run out right behind them.
For another person, maybe two hundred people running
out wouldn’t be enough to convince them there’s a danger.
The thresholds are all over the place. They change all the time.
Some days people are bolder and some days they’re more
fearful. Some days people are tired and other days they’re
energetic.
We all have different thresholds. Think of the complexity
of just that room of two hundred people. Now, extrapolate that
dynamic to the whole world and you get some idea of how
complex systems work.
Take a look at this table:
In case 1, I’m assuming that the starting the place is that
one hundred people will repudiate the dollar. What does that
mean, “repudiate the dollar”? It means that they no longer
Sub-Critical and Critical States
(Simplified Hypersynchronous Ising Model)
Assume 100 People repudiate the dollar in each casein total
population of approximately 310,00,000 people.
T= Critical Threshold for each cohort
Case 1
Sub-critical State
1,000 people / T=500
1 million people / T=10,000
10 million people / T= 100,000
100 million people / T=10 mil.
200 million people / T=50 mil.Case 2
Critical State
1,000 people / T=100
1 million people / T=1,000
10 million people / T= 100,000
100 million people / T=10 mil.
200 million people / T=50 mil.