Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector: Central Bank of Ireland

2:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

With time against us, I will agree to disagree with Professor Honohan. To be honest, however, everything he is saying points in the direction of greater administrative control and planning in the economy as a whole, rather than letting the market rip. It all points in that direction. I am not really quite sure how Professor Honohan can act or intervene. In some ways, he is saying that we are pretty powerless here.

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