Dáil debates

Wednesday, 1 April 2015

Residential Mortgage Interest Rates: Motion (Resumed) [Private Members]

 

4:45 pm

Photo of Michael McNamaraMichael McNamara (Clare, Labour) | Oireachtas source

It was always so. We have others who suggest that we do not need a banking sector at all and that we should go back to the Old Testament times of usury, where we bury our shekels, dig them up and find they are worth exactly the same amount of money a couple of hundred years later. I thank Deputy Michael McGrath for highlighting this issue. I wonder what solutions there are.

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