You really don’t know anything, who sets interest rates?
This isn’t anything to do with a name, where would Scotland get its money? Say there is a run on their banks, how would they manage? Would they buy currency from the Bank of England?
What do you know about entry into currency?
Scotland doesn’t pass the tests into the Euro by a long long way due to their excessive public spending so the only way they could is by huge cuts and the selling of public assets,
The above can be verified by anyone sane enough to use and digest information.
Even a village idiot like me knows this, don’t be more stupid than the village idiot.
Your “just get money” reeks of ignorance, pegging currency has fucked over Latin America as well.
You have taken it all out of context… I stated with a tongue firmly in cheek, that give it 100 years or so and we would in effect all be using a single global currency.
Soggy added to this that because we are also going cashless, meaning we are carrying less and less notes, the actual symbol on said notes becomes less important to those who currently place an over emphasis on the what their currency is called… Point being its not that far fetched to assume that even within our lifetimes we may see a global trading currency… (bitcoin anyone?) but suspect when the rest of the world join in, Great Britain will still be insisting on keeping the Pound… it was/is as simple as that Barry…
Barry, the original post - I am merely doing it to expose your ignorance, but as you can see, tongue in cheek… but it allowed the grown ups to consider what could happen should the symbolism of a currency become less important as cash becomes less widespread… as you see it really is not that difficult a point to grasp unless you are Barry with a fucking walnut for a brain…
He makes very rational and good points… but those arseholes who distend on bridges waving flags and doing all that shit are a very small minority… Hand on heart I have never experienced and anti-english hatred anywhere in over 15 years of living here, and I have been everywhere form inner cities pubs to the isles… I know it does go on, but its not as rife as that clip makes out, despite the fact I agree with most of what he says.
As for the SNP standing behind those banners, agin its a few of them and their leadership should do something about it, but as mentioned before, its no longer just teh SNP supporters who now look at independence and that is not because of any anti-English sentiment, but because they are simple fed up that Westminster Government has become so opposite on so many levels of what folks up here value… to the point where a grim economy that is locally controlled is better than one controlled in Westminster.
We can digress and argue the merits of a global currency but you don’t know your arse from your elbow, the ECB didn’t help Greece did it?
Now imagine the size of the World Bank (where would it be headquartered?) and the issues they’d have and far more worrying the absolute power. No Country is going to give up their monetary autonomy unless they think they’d be far better off, name me one nation that would surrender that?
Just one.
Just quit while you’re only losing a bit of dignity to Barry.
Did you see the comments from Joanna Cherry earlier in the month saying that Scotland should follow Ireland’s route to independence and skip the referendum altogether.
No violence of course. Something the Irish never managed, but the SNP can.
No…You can’t attempt weakly to control the narrative as you’re out of your depth.
If Scotland quite rightly and fairly decides its fate what monetary policy will it adopt?
Sterling won’t be an option by consent, pegging to it could be but it’ll mean you’re not independent.
Wanting to join the Euro is an option but 80% of Scots don’t want that and even then you won’t qualify as your public debt is far far too high so the only way to bring it down is through tax rises and a public sector sell off.
Nope did not catch it… but forgive me a moment, you seem to think I support the SNP?
I don’t, never have and never will. That does not mean I don’t consider the implications of independence. Its like very other part of the UK… you get extremists emerge when people feel disenfranchised, same as England etc. Scotland being smaller, it often seems more prolific than it is…and of course these types are always louder.
What on Earth are you talking about you very strange person. I was making a simple point about my opinion being why worry about the name of the currency be it euro or pounds Stirling as it is all justmoney. I wasn’t talking about where it comes from, just the basic principle of why stay with a currency out of some kind of nationalistic pride. Germany gave theirs up. France gave theirs up. Italy gave theirs up. Spain gave theirs up. We didn’t and as you say, the majority of Scots apparently don’t want to either (should the choice arise). How you manage to drag it off on one of Barry’s Magical Mystery Tours only you and your therapist will know.