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EDITORIAL. In the magical world of “whatever it takes”, realists are rare. For the Governor of the Banque de France, it is urgent to wake up.
© FABRICE COFFRINI / AFP
By Pierre Antoine Delhommais
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Eexercising the austere profession of central banker does not prevent him from loving poetry. You can be an expert “forward guidance” and “quantitative easing” and at the same time, like the former head of the ECB Jean-Claude Trichet, knowing by heart the work of Mallarmé and Saint-John Perse. During a conference organized by the High Council of Public Finances, the Governor of the Banque de France, François Villeroy de Galhau, has just quoted La Fontaine and his fable “The Swallow and the Little Birds” to highlight guard against the threat of a debt crisis in France. “We only listen to instincts that are our own, and only believe evil when it has come. »
On the other hand, it is in prose and in figures that the governor denounced the risk of sustainability…
De Gaulle – Think, resist, govern
His name has become synonymous with a free and powerful France. De Gaulle, the man of the appeal of June 18, has established himself in history first as a rebel, a resistance fighter and then as a charismatic political leader, in France and abroad. Adored, hated during his presidency, he became after his death a myth, an ideal politician that on the right and on the left we begin to regret.
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