Otherwise, we would take risks that Goethe already described. When necessary, banks should take advantage of the available government support to achieve these goals. From this perspective, I will interpret the conference theme – “After the crisis” – as an appeal to look forward and draw lessons for the future from our experience of the past two years.
*** I would like to outline now what measures we, as the central bank of the world’s secondlargest economy, have taken in the crisis, and how and why we have designed these measures. To illustrate, I would like to draw on a medical analogy, identifying three lessons for how we should collectively care for the health of the financial system going forward.