The short answer is: Yes. The long answer is, that central banks are in my opinion a way to regulate banking and money supply so that it is useful for the economy and the people. His point that deregulation, liberalisation, and privatisation are bad ideas which are likely to fail is something I can agree on. Also his point that central banks are usually not really accountable for they do and that banking consolidation wasn't a good idea to begin with. I'm still glad to live in a country where they are a lot of local banks, which can help SME much better than big banks, which have only a little branch in town. It matters where decisions are made.

The central bank's job is still important, it is lender of last resort and it is an important regulatory body for the banking and financial sector. It is something we need if we want to prevent those financial crisis like in 2008.