Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Begg:
Well, you see, I suppose from my point of view, I would be a little bit subjective about that. I mean, you know the old expression, ''War is too important a business to be left to the generals'', and the ECB board is ... consists entirely of experts, as you know. Now we can ... all of us have a different view about whether the ECB board is good or bad. I think the mixture is probably better because it is helpful I would have thought to have had some real economy experience being fed into the deliberations of any body like that. But quite where the correct level of balance is, you know, I think, is a matter of judgment.
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