The Impact of Monetary Policy on Democracy and Society

Phil Lojacono is a Swiss entrepreneur and political thinker with deep insights into how Switzerland has built one of the most stable, decentralised, and citizen-focused democracies in the world.

In this interview, we explore what broken democracies like the UK and US can learn from the Swiss model: from localism and tax competition to limited government, civic maturity, and referendums that actually hold power to account. Phil explains why decentralisation works, how Switzerland avoids political extremism, and why trust in government must be earned, not assumed.