dgp4indy

Currency

Currency Questions

"Unionists insisting Scotland would not be allowed another independence referendum have recently appeared to change their tune, now wanting to decide the franchise for indyre2 and bombarding social media with the old chestnut questions of 2014. ‘What currency will you use” is at present one of the favourites."
https://newsnet.scot

The SNP Has To Commit To A Scottish Pound

"The SNP hierarchy want Scotland to pursue ‘sterlingisation’ post independence. That would mean Scotland would use the existing pound. And this would be an outright disaster. Scotland could not, in that case, borrow in its own currency. It could not set its own interest rates. It could not do quantitative easing. It could not have done furlough then. And its debt would be subject wholly to the whim of foreign financial markets, and you can be sure that those in London would do their best to undermine it."
https://www.taxresearch.org.uk