Agustín Carstens

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Person.png Agustín Carstens   C-SPANRdf-entity.pngRdf-icon.png
central banker,  economist)
Agustín Carstens.jpg
Born9 June 1958
 Mexico City,  Mexico
Nationality Mexican
Alma mater •  Mexico Autonomous Institute of Technology
•  University of Chicago
Member ofGroup of Thirty
Interests •  cryptocurrency
• Central bank digital currency.jpg Money/Central bank digital currency
BIS General Manager. With the planned Central bank digital currencies "every bill can be tracked".

Employment.png BIS/General Manager

In office
1 December 2017 - 30 June 2025
Preceded byJaime Caruana
Succeeded byPablo Hernández de Cos
A five year term

Employment.png Governor of the Bank of Mexico

In office
1 January 2010 - 30 November 2017
Preceded byGuillermo Ortiz Martínez

Employment.png Mexico/Secretary of Finance and Public Credit Wikipedia-icon.png

In office
1 December 2006 - 9 December 2009

Employment.png IMF/Deputy managing director

In office
1 August 2003 - 16 October 2006
One of three deputies reporting to the director and the board

Agustín Guillermo Carstens was BIS General Manager from 2017 until 2025.

Carstens explains the advantages of the planned Central bank digital currencies: "every bill can be tracked"

Career

Agustín Carstens monopoly tweet.jpg

As BIS head, Carstens stated in 2018 that Bitcoin was "a bubble, a Ponzi scheme and an environmental disaster" and indicated that there would be a crackdown on the currency.[1] He was mocked by adovcates of cryptocurrencies "for merely representing the interests of national fiat currency monopolies in quashing potential competitors" and his report contained numerous factual errors.[2]


 

A Quote by Agustín Carstens

PageQuoteDate
CBDC“We intend to establish the equivalence with cash and there is a huge difference there, for example in cash we don’t know who is using a 100 dollar bill today ... the key difference with the CBDC is that the central bank will have absolute control on the rules and regulations that will determine the use regarding that expression of central bank liability and also we will have the technology to enforce that.”October 2020

 

Events Participated in

EventStartEndLocation(s)Description
Jackson Hole/Meeting/201026 August 201028 August 2010US
Wyoming
The 2010 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/201125 August 201127 August 2011US
Wyoming
The 2011 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/2012The 2012 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/2013The 2013 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/2015The 2015 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/201724 August 201726 August 2017The 2017 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/201823 August 201825 August 2018The 2018 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/201922 August 201924 August 2019US
Wyoming
A central banker gathering preparing for an economic reset that happened during Covid; and the introduction of CBDCs.
Jackson Hole/Meeting/202225 August 202227 August 2022The 2022 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/202324 August 202326 August 2023The 2023 Jackson Hole Economic Policy Symposium
Jackson Hole/Meeting/202422 August 202424 August 2024The 2024 Jackson Hole Economic Policy Symposium
WEF/Annual Meeting/200823 January 200827 January 2008Switzerland
WEF
At the 2008 summit, Klaus Schwab called for a coordinated approach, where different 'stakeholders' collaborate across geographical, industrial, political and cultural boundaries."
WEF/Annual Meeting/200923 January 200927 January 2009Switzerland
WEF
Chairman Klaus Schwab outlined five objectives driving the Forum’s efforts to shape the global agenda, including letting the banks that caused the 2008 economic crisis keep writing the rules, the climate change agenda, over-national government structures, taking control over businesses with the stakeholder agenda, and a "new charter for the global economic order".
WEF/Annual Meeting/201027 January 201031 January 2010Switzerland
WEF
The organizing theme for the 40th World Economic Forum Annual Meeting in 2010 was "Improve the State of the World: Rethink, Redesign and Rebuild."
WEF/Annual Meeting/201521 January 201524 January 2015Switzerland
WEF
Attended by a lot of people. This page lists only the 260 "Public Figures".
WEF/Annual Meeting/201620 January 201623 January 2016Switzerland
WEF
Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
WEF/Annual Meeting/202021 January 202024 January 2020Switzerland
WEF
This mega-summit of the world's ruling class and their political and media appendages happens every year, but 2020 was special, as the continuous corporate media coverage of COVID-19 started more or less from one day to the next on 20/21 January 2020, coinciding with the start of the meeting.
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References