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Athanasios Orphanides
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My mother is from Greece: she comes from Vrahos, a small village in Kastoria.
- Athanasios Orphanides
#Greece
#Mother
#She
#Small
#Village
Sometimes you have Harvard undergraduates who stun you with the depth of their knowledge. That is why it is great to be at a university like this.
- Athanasios Orphanides
#Depth
#Great
#Knowledge
#Sometimes
#Why
Watching the economies in various parts of the world, I believe that there is scope for improvement everywhere. There is some corruption and inefficiency everywhere.
- Athanasios Orphanides
#Believe
#Corruption
#Improvement
#World
Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.
- Athanasios Orphanides
#High
#Inflation
#Policy
#Worse
#Zero
In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the debt of a euro-area member. I consider it unthinkable that a euro-area country would default.
- Athanasios Orphanides
#Country
#Debt
#Risk
#State
#Would
The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.
- Athanasios Orphanides
#Degree
#Ease
#Interest
#Policy
#Real
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