That medicine not only is not appropriate, but can also weaken the body and facilitate the attack of the real bacteria, when they finally come later on. To sum up, there are no safe bets for central banks. Before taking decisions, policy-makers must make every effort to diagnose the state of the economy and seriously evaluate all risks ahead.
In recognition of the differences between credit unions and other financial entities that we regulate, the Central Bank has been developing, in consultation with the sector, credit unionspecific legislation in the form of a Draft Credit Union Bill (the Bill). These consultations have been extensive beginning in 2006 and ending in July 2013.