A fireside chat with BIS head Agustín Carstens
The lifetime achievement award-winner speaks about how inflation shaped his career, the future of money and the importance of international co-operation

What inspired you – and kept you motivated – to work in the public sector, whether in the executive, in central banking or at multilateral institutions?
My experience with inflation probably was the origin of my interest in economics and, eventually, in central banking. When I was a little boy, I used to take the trolleybus to school. And one day, on my way back, the money my mother had given to me was not enough for the fare. So, I had to walk many blocks to get home. I asked my mother, ‘What
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