The situation in which this question would come up would be one that is particularly dire. The outlook for the economy would be very poor and the inflation outlook would be extremely below our target, with perhaps a risk of deflation. It is a context in which all policy-makers would be discussing the menu of options available to us.
We would decide that the package would look like this, in a context like that. When we went through this the last time, we had a very thoughtful and vigorous fiscal response that actually helped the economy quite a lot—the infrastructure program, etc. These measures reduced the risk significantly. That's exactly the kind of team-based approach that I would expect to see.
It is not a question of independence. The question of independence goes to pursuing the mandated inflation target with the best tools available. If we were in a situation like your premise, it would be beyond the point where we would be able to do this. It would be “all hands on deck”.