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Nagel: Future-proofing Central Banks
Ladies and Gentlemen, dear colleagues, It is a great honor to address you today at the BIS Innovation Summit. I would like to extend my sincere gratitude to the Bank for International Settlements for hosting this important event and for bringing together such a distinguished group of experts, policymakers and innovators. The theme of this year’s summit, “Future-proofing central banks”, is both topical and essential. We are living in an era of profound transformation – technological, economic, [geopolitical] and beyond. The pace of change is accelerating, and the challenges we face are becoming increasingly ... (full story)
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From bis.org|Sep 9, 2025The BIS Innovation Summit is the annual flagship event of the BIS Innovation Hub, convening central bankers, regulators, technology leaders and academics to explore how innovation ...
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From @realDonaldTrump|Sep 9, 2025|15 comments
“If the Fed had followed what we published, they would have raised rates in early 2021. The entire Organization is broken. It needs to be fixed. They need to use modern sources of information.We strongly disagree with Ken Griffin. We think Incompetence is more important than to defend theoretical independence. He (“Too Late!”) has done a terrible job since he adapted a two target? It’s too low, it’s too rigid, they followed Data that’s years delayed. They don’t believe that money supply matters, it’s like the Pope not believing in Jesus. We think that’s a much bigger problem than this notion that they are dependent, or they’re not independent.” Jay Hatfield Infrastructure Capital Advisors, CEO & CIO, on Maria B. “Chair Powell was late to raise rates, they need to come down here, there’s no question about it. He’s dragging his feet. The Feds going to come down here 50, 75, Maybe 100.” Greg Faranello, American Securities on Maria B.
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