• Independent Scotland should not use pound, say 63% of English and Welsh
    53 replies, posted
[QUOTE]More than six out of 10 people in England and Wales believe the government should bar an independent Scotland from using the pound, according to a Guardian/ICM poll. The currency question has been a key referendum battleground with Westminster party leaders repeatedly making it clear that Scotland would not be allowed to use the pound; the independence campaigners claim they are bluffing and would eventually allow a union in the case of a yes vote. Monday's poll finds that 63% of voters in England and Wales believe that the UK should "refuse to negotiate" over a common currency area if Scotland becomes independent, more than twice as many as the 27% who would favour such talks beginning. This makes for a total contrast with Scotland, where 62% believe that a currency union should be negotiated.[/QUOTE] [URL="http://www.theguardian.com/politics/2014/sep/15/independent-scotland-not-use-pound-english-welsh-voters"]Source [/URL] [IMG]http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2014/9/15/1410795078620/Scotland1609.png[/IMG]
Doesn't Scotland already have their own currency they can use? Don't see why they should use GBP if they don't want to be part of the UK.
[QUOTE=ijyt;45986900]Doesn't Scotland already have their own currency they can use? Don't see why they should use GBP if they don't want to be part of the UK.[/QUOTE] Scotland currently uses the GBP. In the event of independence it will have to stop using it and either adopt another countries currency or make their own.
fuck you wales
[QUOTE=Robert9734;45986941]Scotland currently uses the GBP. In the event of independence it will have to stop using it and either adopt another countries currency or make their own.[/QUOTE] lol nope
[QUOTE=codenamecueball;45986955]lol nope[/QUOTE] Britain is under no obligation to continue letting Scotland use the pound, and the people and politicians of the rest of Britain don't seem very willing to let a currency union happen.
[QUOTE=codenamecueball;45986955]lol nope[/QUOTE] Sorry pal but you clearly don't know shit.
[QUOTE=codenamecueball;45986955]lol nope[/QUOTE] yeah you're right we'll have our own currency we'll trade in oil and fish
[QUOTE=ijyt;45986900]Doesn't Scotland already have their own currency they can use? Don't see why they should use GBP if they don't want to be part of the UK.[/QUOTE] Because Salmond's fantasy world of an independent Scottish economy that isn't a trainwreck only becomes barely feasible if he has the GBP
[QUOTE=Robert9734;45986966]Britain is under no obligation to continue letting Scotland use the pound, and the people and politicians of the rest of Britain don't seem very willing to let a currency union happen.[/QUOTE] you can use any currency you want, and it's economic suicide for the ruk to not allow a currency union
[QUOTE=codenamecueball;45986992]you can use any currency you want, and it's economic suicide for the ruk to not allow a currency union[/QUOTE] Except Scotland in that case would be completely incapable of being able to influence monetary policy. There will be no lender of last resort, no ability to inflate or deflate the currency when needed, an inability to change interest rates, and Britains needs would come first. If raising interest rates harmed Scotland but it was in Britains benefit to do so, then why should the British care if the Scottish aren't part of their country? It would be their currency so they could do what they liked with it, and Scotland would have no say (as it should be in the case of independence).
God damn, I like the pound, the Euro is ass
[QUOTE=codenamecueball;45986992]you can use any currency you want, and it's economic suicide for the ruk to not allow a currency union[/QUOTE] You know what [I]is [/I] economic suicide? Giving the UK control over an independent Scotland's currency... The Euro isn't exactly going to be better, leaves Scotland hugely vulnerable to global economic conditions (witness the plight of Ireland* and Spain in the last recession). Bad as those two options are, they pale before the horrors that would result from Scotland having its own currency. Scotland simply lacks the economic power to establish a strong currency, and any such currency is going to suffer badly from inflation, which scares off foreign investors, which produces more inflation, etc... *before Ireland was hit by the reccesion, Salmond was using their apparent (borrowed) wealth as an argument for independence.
Scotland can just use Monopoly money, easy fix.
The UK would have every right to refuse one, but I don't see why you would want to do it just out of spite.
I agree, but not out of spite but rather not make Scotland's independence pseudo. If they wish to be truly independent then they shouldn't have to rely on another nations currency, their head of state, shared military and borders. It seems the Yes-Vote is relying on keeping all the union perks we currently have, which will not work out if they leave.
[QUOTE=Vasili;45988079]I agree, but not out of spite but rather not make Scotland's independence pseudo. If they wish to be truly independent then they shouldn't have to rely on another nations currency, their head of state, shared military and borders. It seems the Yes-Vote is relying on keeping all the union perks we currently have, which will not work out if they leave.[/QUOTE] Reminds me of Quebec separatists.
[QUOTE=codenamecueball;45986955]lol nope[/QUOTE] All three potential prime ministers have categorically said no, it doesn't get much clearer than that. There's also this little thing called the general election coming up, so it's in their best interest to stick to their promises.
If they become independent then they can get fucked with our pound too imo
[QUOTE=Vasili;45988079]I agree, but not out of spite but rather not make Scotland's independence pseudo. If they wish to be truly independent then they shouldn't have to rely on another nations currency, their head of state, shared military and borders. It seems the Yes-Vote is relying on keeping all the union perks we currently have, which will not work out if they leave.[/QUOTE] Why are you mentioning monarchy, military and borders? None of these are relevant [b]at all[/b]. The monarchy isn't the UK monarchy, its the commonwealth monarchy. Nobody's suggested sharing a military as far as I'm aware. The rest of the UK is the only one that cares about borders so I don't see why that's any of Scotland's business. [QUOTE=Streecer;45988162]All three potential prime ministers have categorically said no, it doesn't get much clearer than that. There's also this little thing called the general election coming up, so it's in their best interest to stick to their promises.[/QUOTE] Their promises don't mean shit until they're in power. And how many times have politicians broken promises after being elected, I wonder.. to name a few: [quote]1997, Labour: “We have no plans to introduce tuition fees”. (introduced tuition fees) 1997, Labour: “We will reform the electoral system” (electoral system was not reformed) 2001, Labour: “We will not introduce top-up fees” (introduced top-up fees) 2005, Labour: “We will not raise basic or higher rates of income tax” (raised higher rate of income tax) 2005, Labour: “We will hold a referendum on the EU constitution” (did not hold a referendum on the EU constitution) 2010, Conservatives: “We have absolutely no plans to increase VAT” (increased VAT to 20%) 2010, Conservatives: “There will be no top-down reorganisation of the NHS” (instigated massive top-down reorganisation and privatisation of the NHS) 2010, Conservatives: “No cuts to front-line services” (the biggest cuts to front-line services in British peacetime history) 2010, Conservatives: “No plans to abolish Education Maintenance Allowance” (abolished Education Maintenance Allowance) 2010, Liberal Democrats: “We will vote against any increase in tuition fees” (voted to triple tuition fees)[/quote] [editline]15th September 2014[/editline] [QUOTE=Robert9734;45986966]Britain is under no obligation to continue letting Scotland use the pound, and the people and politicians of the rest of Britain don't seem very willing to let a currency union happen.[/QUOTE] That doesn't matter, its an internationally traded currency; nobody can stop us using it. Of course, using it in a similar fashion to Panama might not be a sensible idea for more than 20 years.
[QUOTE=Flapadar;45988209]Why are you mentioning monarchy, military and borders? None of these are relevant [b]at all[/b].[/QUOTE] Course they do, are you going to be an actual country or just something that still has to rely on the UK?
[QUOTE=Vasili;45988251]Course they do, are you going to be an actual country or just something that still has to rely on the UK?[/QUOTE] [quote=i]The monarchy isn't the UK monarchy, its the commonwealth monarchy. Nobody's suggested sharing a military as far as I'm aware. The rest of the UK is the only one that cares about borders so I don't see why that's any of Scotland's business. [/quote]
[QUOTE=Kondor;45986953]fuck you wales[/QUOTE] Woah there, at least we didn't try to abandon you and leave you alone with England :v:
[QUOTE=Flapadar;45988209]That doesn't matter, its an internationally traded currency; nobody can stop us using it. Of course, using it in a similar fashion to Panama might not be a sensible idea for more than 20 years.[/QUOTE] Using the same currency is not independence.
[QUOTE=Robert9734;45988383]Using the same currency is not independence.[/QUOTE] Who gives a shit. I'd pick using the pound without a currency union for a few years over spending the rest of my lifetime ruled by Tories and blue-labour that I didn't vote for. That's far more independence than we would get from voting no (i.e. we aren't even guaranteed more powers if there is a no vote)
[QUOTE=Robert9734;45988383]Using the same currency is not independence.[/QUOTE] so what, germany and france aren't independent countries? just because we use the same currency as someone else doesn't mean we aren't independent. you would consider germany and france to be independent, and thats what we want.
[QUOTE=Vasili;45988251]Course they do, are you going to be an actual country or just something that still has to rely on the UK?[/QUOTE] Borders are a non issue, there's no reason to build a fence beyond losing money that you would obviously not want and to satisfy xenophobes, there's no reason for it. We intend on building up a small force for defense. We've already said we'll keep the monarchy, so that's another non issue. [editline]15th September 2014[/editline] [QUOTE=Robert9734;45988383]Using the same currency is not independence.[/QUOTE] Cause clearly what we set up in the next 18 months is how Scotland is destined to run for the rest of it's existence. Does the term transitory period mean anything to you or what?
They are fucked in the arse if they gonna lose the GBP.
i thought it was a given that in the event of independence you shouldnt be using the pound but hey ho what does this 'independence' even mean
[QUOTE=Robert9734;45986941]Scotland currently uses the GBP. In the event of independence it will have to stop using it and either adopt another countries currency or make their own.[/QUOTE] They should adopt the US dollar, just to mess with Britain and their colonies
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