Nevertheless, the reason behind the recurring argument for insufficient monetary easing comes from a misunderstanding concerning the amount of currency the central bank supplies.
“Knowns and unknowns of monetary policy instruments: implications for monetary policy strategies” Keynote speech by Klaas Knot at the EBI Policy Conference ‘Banking in Europe; a political, a monetary and a supervisory perspective’ Frankfurt, 14 November 2019  At the European Banking Institute’s policy conference of 14 November Klaas Knot was invited for a keynote speech.