We’ll give an opinion at a later stage and it’s really a political discussion; that’s all what I can say. Let’s move on to the potential threat of a currency war that was raised briefly at Davos last week by the US Treasury Secretary. He was talking down the dollar.
One way to help ensure that the regime is invoked only when necessary to protect the public’s interest in systemic stability is to use a “multi-key” approach – that is, one that requires the approval of multiple agencies and a determination by each that the high standards governing the use of the special regime have been met.