BIS Review 54/2000  4  Third, the US is interested in the smooth functioning of the international monetary system. In principle, US authorities prefer flexible exchange rates. In the case of a crisis, however, the US is interested in an efficient decision-making process at international level. Fourth, systemic stability is an objective with high priority for US policy.
Deciding the best way forward when circumstances are rapidly changing and the future is clouded by enormous uncertainty is a task which no computer is able to cope with, today or quite possibly ever. It is thus my firm conviction that, in a hundred years' time, there will still be some central bankers around to gather and celebrate two hundred years of Lietuvos bankas.