Quote:
Originally Posted by GGG
In terms of currency they could just continue to use the British Pound until there own currency is established. It would mean they wouldn't be able to set there own monetary policy but there is no reason they couldn't continue to use it.
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So the first act of the new country is to outsource their national monetary policy - that's a great start!
Quote:
Originally Posted by GGG
Also if there is a yes vote I would assume England isn't going to be dicks about it and would still allow the scottish banks to borrow from the Bank of England at the prime rate until the Scottish bank is set up.
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I'm sure the rest of the UK will be lining up to do the new country favours. Yep.
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"For thousands of years humans were oppressed - as some of us still are - by the notion that the universe is a marionette whose strings are pulled by a god or gods, unseen and inscrutable." - Carl Sagan
Freedom consonant with responsibility.
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