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
NationalityMexican
Alma materMexico Autonomous Institute of Technology, University of Chicago
Member ofGroup of Thirty
Interests • cryptocurrency
• Money/Central bank digital currency
BIS General Manager

Employment.png BIS/General Manager

In office
1 December 2017 - Present
Preceded byJaime Caruana
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 became BIS General Manager on December 1st, 2017.

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
Central bank/Programmable money“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
WEF/Annual Meeting/200823 January 200827 January 2008Switzerland
WEF
WEF/Annual Meeting/200923 January 200827 January 2008Switzerland
WEF
WEF/Annual Meeting/201521 January 201524 January 2015Switzerland
WEF
Attended by a lot of people. This page lists only the 261 "Public Figures".
WEF/Annual Meeting/201620 January 201623 January 2016Switzerland
WEF
Attended by a lot of people, both leaders and followers
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.


References