Oireachtas Joint and Select Committees

Thursday, 26 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

We had the large capital inflow that Professor McDonough criticised earlier. It happened. One was outvoted, if one had wanted not to join the euro. What would Professor McDonough have done, if he were the Governor of the Central Bank and he saw this significant capital inflow coming into Ireland in 2003? How would he have responded?

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