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Ethics of currency - a possible guide for central bankers?

· François Villeroy de Galhau, Governor of the Banque de France (France)

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· François Villeroy de Galhau Wiki · Banque de France WikiEthics of currency - a possible guide for central bankers?

ContextMichel Camdessus Central Banking Lecture in Washington; the Banque de France keeps prices stable and reflects on the ethics of money.

Why it mattersVilleroy proposes an ethics of currency for central bankers.

Problems raised
  1. Economic policy uncertainty affects expectations.
  2. Central bankers need ethical guidance.
  3. Public trust is crucial.
Solutions proposed
  1. Use ethics of currency as a guide.
  2. Balance science and art in policy.
  3. Build public trust.
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