Mr. Ultan Courtney:

I never heard that term used, to be quite honest with the Deputy, but it is a fair point to make. As a commission, it is often said people look at what is happening at the lower end of the scale without looking at what is happening at the top end of the scale. It is hugely important to understand that any increases in money in the economy in an inflationary situation could lead to a wage spiral. One would, as various Ministers have referenced previously, make sure that there is no situation where people are making profits that are not acceptable in society. That is a different issue but it is for Government to deal with.