Klaas Knot: To improve is to change Speech by Mr Klaas Knot, President of the Netherlands Bank, at the International Banking Summit, Brussels, 1 June 2023. *** "Many forms of financial systems have been tried, and will be tried in this world of sin and woe.No one pretends that the current financial system is perfect or all-wise.
Indeed, it has been said that this system is the worst, except for all those other systems that have been tried from time to time-" Yes, this sounds familiar: it sounds like that famous Winston Churchill quote about democracy.