SPEECH  Payments in a digital world         Speech by Christine Lagarde, President of the ECB, at the Deutsche Bundesbank online conference on banking and payments in the digital world Frankfurt am Main, 10 September 2020 I’m honoured to be speaking this evening at the Deutsche Bundesbank’s conference on banking and payments in the digital world.
A little over a century ago, George Bernard Shaw said that “Money is the counter that enables life to be lived socially; it is life as truly as sovereigns and banknotes are money”. So money facilitates transactions and relationships and is an expression of sovereignty. This is just as relevant in today’s fast-moving world.