Hon GRANT ROBERTSON: As you would expect, in the advice that was provided, the pros and the cons of any issue or any particular policy approach are listed off. I think it's important to remember the problem that the monetary policy response was trying to address. We had bond markets that were beginning to look like they would be in free-fall. We had the potential of a significant credit crunch. There was a role for monetary policy, and unfortunately conventional monetary policy tools were not in a position to be able to be used.