Mark Carney: belief

Transcript context

…Now, it seems to me that a lot of people trust you. Even British people trust you, trusted you with their central bank. That’s a skill. What else is it that you did to learn that skill? Obviously you’ve decided to be trustworthy, but what else is in there? I think part of it is admitting when things go wrong or when you’ve learned new information and you’ve changed your view, which is difficult to do. Maybe that’s another aspect of humility. Part of it is competence. I think it’s hard to fully be trusted unless you’re successful, you make more right decisions than not. And then we can debate how much of that is the product of luck in the end, but a combination of those things. Last thing, to be trusted, you need to feel someone’s on your side, that you’re aligned with the people you’re serving. As a public servant, as a central banker, you should be able to accomplish that, but it’s important to establish that. If someone comes up to you younger, and they say, “I would like to learn how to give good speeches. How did you learn how to give good speeches?” What do you study? Which speakers? Do you go to YouTube? What do you do?…

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