On behalf of Holland Gold, Paul Buitink has started a new series in which he debates with experts about our money system, monetary policy and the future of money. In the fourth episode, Paul talks to Lex Hoogduin. Lex was a director at the Dutch Central Bank (DNB) and is now Professor of Economics of Complexity and Uncertainty in Financial Markets and Financial Institutions at the University of Groningen.
In this episode, Lex and Paul take a closer look at the power and policies of central banks and answer the question of whether central banks are behind the market or whether they determine the market. They then debate the policy of the central banks and the philosophy of the Austrian school. Lex is a strong supporter of this economic movement that advocates market forces. Topics such as hard money and the pursuit of price stability are discussed. They also talk about high inflation and the different reactions of countries within Europe. Finally, Lex and Paul talk about the ever-growing government and whether the Nexit is a solution to distance us from the policies of the ECB and the EU.
Due to the turbulent times we find ourselves in, it is becoming increasingly important to be aware of the latest developments so that you are better prepared. Holland Gold strives to fulfill this role for you in addition to supplying gold and silver. Let us know in the comments which other guests you would like to see in debate with Paul. Who knows, maybe he or she will be the next guest in the new series "Holland Gold in debate with".