Posted: Apr 26, 2017 12:29 am
by ronmcd
Byron wrote:
I've advocated taking the option that's a) economically sound, and b) most likely to win Indyref2. B) is most important, 'cause without it, everything's academic.

The best economic option may be currency union with iEngland (or, depending on how Brexit goes down south of the border, not), but as we saw in 2014, in handing power to the British Treasury, that's politically fatal. That leaves euro and Scottish pound.

We know how currencies are set up, and how to make it work: a bunch of European countries did it after the Warsaw Pact collapsed. This precedent, along with the comfort of the pound brand, can be sold.

Even if Yes2 went for the euro, it couldn't happen for several years after iScotland joined the EU. We're looking five years down the line, minimum, likely longer. That being so, Scotland needs an interim currency. She could use sterling, but we're back to giving an English treasury unjustifiable control over Scotland's economy. So even your position lends itself to starting with a Scottish pound.

:thumbup: everything I'd like to have written. I'm just going to blame the Brewdog for my inability to do so :whistle: but it's probably not the reason

Specifically, my bold.