I also believe that policymakers should not necessarily attempt to put their judgments of correct values above those of the market. Simply put, equity prices should properly be thought of as a relative price-the value of the existing capital stock relative to that of goods. Central banks are not good at fine-tuning relative prices.
I would like to thank NMB Bank and other members of the GABV for providing me this privilege. I believe the theme of this Conference entitled "Shifting the Financial Paradigm - Courage to Act Together" encompasses the work of the Global Alliance targeted at changing the world of finances to put people before profit.