Klaas Knot interview in Dutch paper Het Financieele Dagblad
ECB should scale back over 5 month period at €10bn per month
Inflation of 1.7% would be below but close to 2% so inline with ECB's goal
Process of creative destruction is held back by low interest rates
Time for market discipline to return to Eurozone
Is somewhat more positive about the Eurozone economy than Draghi
He was put yesterday saying that ECB asset buys should be wound down as quickly as possible after Dec. I guess he won't be voting for a QE extension anytime soon ;-)
