· François Villeroy de Galhau Wiki · Banque de France WikiEthics of currency - a possible guide for central bankers?
Read full speech on bis.org ↗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
- Economic policy uncertainty affects expectations.
- Central bankers need ethical guidance.
- Public trust is crucial.
Solutions proposed
- Use ethics of currency as a guide.
- Balance science and art in policy.
- Build public trust.