In this video, Paul Buitink talks to Keest de Kort about the monetary policy of central banks such as the ECB and what consequences their policy choices have had on the purchasing power of citizens. An example of this is the high inflation and the possible wage-price spiral that awaits us. These policy choices have had an effect not only on citizens but also on the dynamics between euro area countries. Kees is of the opinion that the ECB always intervenes too quickly during a crisis, which has created moral hazard.
He also gives his unfiltered opinion on the digital euro and expresses his expectations in this regard. Finally, he explains in detail how he would solve the above problems, including by stripping the ECB of the majority of its tasks.