When you print money it is easy to get it. That is why there is so many handouts from 1970s. When people say no to printed money and demand gold or another important metal we will see what your confidence is like. In most cases before 1970s you must have more gold to print any money making it difficult to get handouts and technology has also improved. Outside of EU has also improved large amounts since 1970s. Ireland is a state in a nation called Europe.