Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
But we increased supply, and I think we actually ... I think this was research I carried out in the previous Administration, and I can maybe dig out this afternoon ... supply was actually increased, I think, supply was actually increased 60% beyond actually demand, and prices actually went up even further, so the laws of supply and demand didn't actually work in this context.
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