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 Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I have a very simple question, but it may have a very difficult answer. Why did quantitative easing not happen four or five years ago, when it would have made this mess much easier to deal with? Is it the case that some countries did not want it to happen?

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