Professor Patrick Honohan: Thereby...: 16 Jan 2013: Oireachtas Joint and Select Committees (KildareStreet.com)

Oireachtas Joint and Select Committees

Wednesday, 16 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

3:20 pm

Professor Patrick Honohan:

Thereby sucking more resources out of the government sector so that the Government has to fill the hole. This is the problem of closing that circuit.