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Should Scotland be allowed to keep the pound if they vote for Independence?
Bunions
Posts: 15,046 Forum Member
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I understand why they'd want to but it does seem a bit cheeky to me.
Story here
Gideon says 'NO!' :kitty:
Story here
Gideon says 'NO!' :kitty:
Should Scotland be allowed to keep the pound if they leave the UK 522 votes
Yes - I think they should be allowed to
16%
86 votes
No - I don't think they should be allowed to
83%
436 votes
0
Comments
Who? (filler)
However, I credit the people of Scotland with more sense that to be all "Braveheart" about the issue of independence. I expect a resounding "No" vote.
No they should create their own currency or take the Euro.
Independence is independence. You can't have your cake and eat it.
Sharing a currency generally requires that either both parties agree to certain things (usually based on who is bigger). or that the smaller party just follows the policies of the one whose currency it is.
If Scotland wants to be independent, then it's either going to have to accept that it's currency situation is going to depend on what the remaining UK thinks is good for the remaining UK (and we'd have no political reason to take into account Scotland's wishes, any more than we would the wishes of France when it came to making decisions that could affect the value of our currency), in which case Scotland would be in a worse position than they are now, or Scotland will have to come up with it's own currency thus allowing it's own fiscal policy to be set how it wants it.
You can't cherry pick
Alex Salmond seems to want it all ways - independence for Scotland whilst still being tied to Westminster for things that suit him/his cause.
Go it alone or stay with us. Not something inbetween.
If they want to use the pound, then they can, but not as part of the decision making "Bank of England" stuff. The Pound is the currency of the UK, and should be managed in the best inteests of the UK, and nobody else. If Scotland doesn't want to be part of the (UK) club, then it casnnot expect to have any say in how that club manages its finances.
No it isn't it's the way banking works. The BoE have nothing to do with an independent Scotland.
Oh, it's this feeble device the Left have for insulting George Osborne. Because he was actually christened Gideon George Osborne, right? And, like, Gideon is a posh name, right? So referring to him using a posh name, like totally undermines his credibility.
Funnily enough the same Lefties don't find it funny when people refer to Tony Benn as Sir Anthony Wedgewood-Benn...:D
But then again living in England, I feel a bit hypocritical as the UK continually cherry-picks what it wants and doesn't want from Europe. It's not the exact same scenario of course, but it feels a bit odd to be using the 'cherry picking' analogy
And this 'Leftie' doesn't care WTF you call any MP
But it's a bit like a divorce where each party tries to get what it wants. Like marriage, both parties put something into the partnership, so both have a right to try to claim something back..
Exchange rate: One Scottish Pound = 2 Haggis and a can of Tennents.
I voted 'No'.
This ^^^
Many of the lefties I know affectionately refer to him as Wedgie and are quite proud of his record in terms of his decision to lose the title, so given that decision any reminder that he had a title actually enhances his credibility as someone who chose to give it up in line with his political beliefs. I think you may have misjudged with your example.
It's not quite like a marriage though, as here both parties aren't getting a say in whether or not the divorce goes ahead - this is all on Scotland's terms. And fair enough of course, the country has every right to decide what is right for its future.
But then so too does the UK. The Pound is a UK establishment, and I believe the country has the right to reserve its usage from becoming part of a 'Poundzone' if that wouldn't happen to be in the country's best interests. If Scotland is making an independent decision to go independent, then they need to be able to accept that the UK is going to have its own best interests that might not always be to their benefit - though I do believe that whatever the outcome there will still be a healthy relationship with Scotland
Hopefully this will have the opposite effect (from the assumed intention) and make Scots more determined than ever to vote YES.
Go on jock, vote with your heart, ignore what your brain is telling you. (Turkeys vote for Christmas don't you know).
Old Scottish Money
Before the act of union both the English and the Scottish pound was made up of twenty shillings, each of twelve pence. Thus there were 240 pence in a pound.
But there were 12 Scots pounds to the English pound.