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In this episode of Holland Gold Interviews, Paul Buitink and Robert Snijder van Wissenkerke talk to Kees de Kort and Lex Hoogduin. Kees has often indicated on our show that in his view the ECB has been doing more wrong than right for 25 years. We asked Lex Hoogduin to think about solutions and present them to Kees.
Lex sets out three scenarios: a more limited mandate for the ECB, taking people out of the ECB or abolishing the ECB completely and working towards a system of free banking. This will be followed by a fascinating conversation about the impact of free money, ongoing budget deficits and free banking. Finally, we are thinking about how to prepare minds for a new wind.
