Today our imaginary, and somewhat humourous stroll, that included crossing paths with five unknown important money people concludes.
As a review, our first fellow walker, Dominique Strauss-Kauhn, who became mired in controversy, but unofficially proving our choice as important and unknown, at the time of our writing.
Our second fellow stroller was Mervyn Allister King, who is head of the ‘Old Lady’ of Threadneedle Street, also known as the Bank of England.
Our middle and most youthful stroller, Zhou Xiaochuan, commands the very powerful and fast growing, Peoples Bank Of China (PBOC.)
The last passerby and fellow walker was none other than Jean-Claude Trichet, the head of the ECB or European Central Bank.
Last but not least, the moment we have all been waiting for, possibly with tender feet as this walk has lasted several weeks, we meet our final fellow stroller.
Do you recognize this person?
His name is Masaaki Shirakawa.
The nick name for his commanding entity is “Nichigan” and was formed in 1882. He sits alongside eight others on his board and his entity has 32 branches in his country, with the main location residing in Chuo, Tokyo.
If you guessed the Bank of Japan, you are correct. The recent terrible natural events have thrust a tremendous amount of pressure onto Mr. Shirakawa and his fellow board members as they have been spotlighted as their country attempts to rebuild.
Not without controversy, as most are not, in 1997 a revision to the Bank Of Japan laws was passed to give the bank independence, not that it needed help as the Bank has been firm in not creating major stimulus for its country even as an extremely low growth rates and long-term recessionary pressures exist.
We hope you have enjoyed the stroll. If you recognized three of these strollers you are doing great, if only one or two, then we are glad you came with us, and if you happened to recognize all five, you are a pro, and well-informed in the economic money people world.
Have a Great Day!