Forum menu
The "we will keep the pound" idea shows how poorly thought out these arguments are. The notion of independence is to have control over your own affairs by definition. To ignore this basic premise and accept what would be in effect a currency union without control of monetary or fiscal policy is mere folly. We want independence from Westminster, sorry, but can you still set our interest rates etc?????
How many years have they been thinking about this, or was it a knee-jerk to the idea that the € was a little more complicated than first thought?
The "we will keep the pound" idea shows how poorly thought out these arguments are. The notion of independence is to have control over your own affairs by definition.
That kind of sovereignty has been dead for years, if it ever existed. Capital controls markets, and capital is stateless.
True, but a different point, if related point surely?
True, but a different point, if related point surely?
No. 😀
So presumably if we don't use the pound, then Scotland gets its share of the reserves of the Bank of England just like it will be taking its share of the national debt.
I think for that reason alone the rUK will want to keep us in a currency union.
But I'm quite happy to have our own currency or the Euro and I don't think it's a big deal.
Reserves of the Bank of England? Are there any? I imagine them opening a mahooosive safe to reveal a Greggs pasty, half a packet of fags, and a few empty Cans of Stella
Okay we'll take the fags you can have the pasty:-)
Just for the record, I believe a Unicorn to be worth something in the region of £612.80
Internerd says so so fact innit
I'd be checking the Stella cans, they not might all be opened.
Or dare I say it, empty.