I am impressed by the fact that all observers and all our partners have praised our capacity to react rapidly and efficiently to the present exceptional challenges. At the same time, everybody has recognised that the rapidity of our reaction in the domain of commercial banks’ refinancing did not hamper our credibility in delivering price stability in the medium term.
The Internet has fundamentally changed how we work; the collapse of the accepted theories of economic behaviour will fundamentally alter what we work on, in ways that we have only just begun to discern.