Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Quantitative Easing: Discussion

2:00 pm

Dr. Stephen Kinsella:

That is precisely it. Assets are being bought at a certain price. I do not wish to use the term "long-term economic value" but we will need to look back in five years' time to figure out how much it really was worth to the Irish economy.

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