Michl finds a mathematical fixed point in Daft Punk's music
Aleš Michl, Governor of the Czech National Bank (CNB), connected his interest in mathematics and money with music in a speech at the Forbes Better Czechia conference on October 15, 2026.
A constant 113 beats
Michl recalled becoming interested in numbers and mathematics at age fifteen or sixteen, when he dreamed of working in a bank and understanding money.
He lived in a thirteen-storey block on Prague's Dědina housing estate, near the airport, and attended concerts at the underground club Delta.
His listening devices included a twin-cassette deck, Walkman, Discman, MiniDisc player and later an iPod.
He discovered Daft Punk in the late 1990s and described them as mathematicians with computers.
The track accompanying his speech runs at 113 beats per minute.
That tempo holds as synthesiser, drums, bass, guitar, keyboards and finally an orchestra enter.
Michl called the beat the track's fixed point.
Two dates frame the speech
The source identifies the venue as the Forbes Better Czechia conference in Karlovy Vary and dates the speech to October 15, 2026.
The Bank for International Settlements (BIS) published the page on October 20, 2026, also listing that date as the delivery date.
It identifies Michl as CNB Governor and links to a three-page PDF.
The supplied excerpt contains personal recollections and a musical illustration.
The BIS states that the views are the speaker's and do not necessarily reflect its own.
A metaphor, not guidance
The excerpt offers a musical fixed point rather than a policy prescription.
Its concrete example is a beat that remains constant as instruments enter.
Despite the title's reference to trust, the supplied text does not explain its connection to central banking.
Source: The Central Bank. Trust. Daft Punk.
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