We should also make sure we are able to monitor developments in so-called private virtual tokens that aim to play a role as money – even though I tend to think that these developments are not (yet) of macroeconomic relevance. Related to this, the Fintech revolution blurs the traditional boundaries between the financial and the non-financial sector.
* * * Governor Garganas and Friends, I am honoured by the kind and persuasive invitation of Governor Garganas to visit Greece and give an address at the central bank. The ties and understanding between Greece and India can be traced to at least well over two millennia.