Thus, David Cameron insists that British taxpayers' money is not being used to bail out the eurozone.
Asked how the government could guarantee that no extra UK money for the IMF would bail out the eurozone, Mr Hoban said all contributions go towards its "general resources" and of 53 IMF programmes worldwide at the moment, only three were in the eurozone.
BBC: Eurozone crisis: Right to boost IMF funds, Cameron says
The governor also told the committee that bail out funds from the eurozone and International Monetary Fund would not solve the country's problems.
I'm told there is still no agreement on how to increase the clout of the eurozone bail out fund, the EFSF, which has 440bn euros at its disposal (much of it already committed to Portugal, Ireland and Greece) but is generally thought to need closer to 2 trillion euros to convince the bond markets that it's serious.
This is not really negotiable: if there is no path to recovery for these countries, either Germany has to bail them out indefinitely or the eurozone breaks apart.
Mr Draghi also said nations must ensure that the fund set up to bail out any eurozone countries in financial difficulty - the European Financial Stability Facility - had sufficient money to allay any concerns about its funding levels.
Moody's also warned that France's budget may be stretched if the costs for helping to bail out indebted fellow eurozone nations and banks exposed to the debt crisis proved too much.
His spokeswoman said the UK would not contribute "directly or indirectly" to the eurozone bail-out fund.
BBC: Eurozone crisis: Right to boost IMF funds, Cameron says
Thus, John Redwood is one of those who argues that the IMF should not be prepared to bail out a eurozone country - part, perhaps, of a future United States of Europe - as it would not bail out California - part of the United States of America.
Belgian conservative MEP Derk Jan Eppink said the Commission and the Parliament needed to recognise the "anger" that was being felt by Eurozone taxpayers having to bail out Greece.
Traders added that Cyprus' decision last week to sell a portion of its gold reserves as part of a bail-out deal had dealt a sharp blow to confidence in the market, arousing fears that other eurozone countries with much larger gold reserves could follow suit.
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