His name also has history, although no one can contrast if it is accurate. It is said that Jackson Hole (the Jackson hole) was called this remote enclave of the state of Wyoming, in the middle of rocky mountains, because of Davey Jackson, a beaver hunter who lived in the area in the early nineteenth century. But it is also said that the hole comes not only from the beavers, but from the sensation you have when accessing this valley from the north and east, with a steep slope that gives the feeling of entering precisely that , in a hole .

Whether by the beavers or by the depth of their access, the truth is that Jackson Hole is today famous throughout the world for the summit held annually by the central bankers , the monetary elite that holds the key to enliven the World economies, but also finance ministers, economists or big businessmen.

But how did seemingly urban characters like them end up in a postcard, but remote, place like Jackson Hole? As almost always, by pure chance and because of the heat and fly fishing.

The organization of this event is an initiative of the Federal Reserve of Kansas City and began in 1978, logically in Kansas. But there was a problem, that in Kansas it is too hot in summer and that the great monetary figures of the moment began to fall from the cartel with different excuses. It took a bait to retain them and not have to suspend their organization.

A welcome sign to the Grand Teton National Park, where Jackson Hole is located.

And someone lit the bulb. It was about getting this annual meeting to be, besides being productive, a kind of summer camp at the highest level. To do this, they began investigating the hobbies of potential guests. The then president of the Federal Reserve, Paul Volker, liked to fly fish . And Jackson Hole Lake is a great place to catch trout. The place, although not in Kansas, sold itself. It was a remote site, far from possible government pressures - that they tell Jerome Powell today - where central bankers could debate freely and also have their leisure time in a more than discreet environment. Volker bit the hook and, while he was there, the others cheered.

And that is why since 1982 , after only four years in Kansas, the Kansas City Fed organized in Wyoming this peculiar symposium that brings together the world summit of monetary policy. This year, in addition to fishing, they have work.

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