Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

Is it not the case that the burning of real money contradicts the general policy of quantitative easing? In reality, the fact that we are burning money means what is happening is quantitative squeezing. If we froze the sale of the bonds and wrote down the debt, would there be any negative implication in terms of inflation across the eurozone? What other negative implications might there be?