Penny for your groat, sir? Or ought
that to be the Scotch dollar, the Caledon doubloon, or the stout old
British sterling, etched with the Queen's napper? Like most of the
population, and like most politicians if they'd care to admit it, I know
sod all about currency policy. You can usually rely on your front
benchers to dignify their rhetoric with at least a superficial veneer of
technical knowledge, but often as not, they bear every appearance of
clubbing away at each other with borrowed arguments, and winging it.
After a week off due to technical gremlins, the For A' That podcast is back. Joining Michael and I on episode number 23, Stewart Kirkpatrick, who is Head of Digital at the Yes Scotland campaign. Top of the agenda this week, the recent currency stramash, the Chancellor's intervention, and its political fallout for independence supporters.
On politeness, Michael asks, YesScotland being too nice? By contrast, is the independence debate as a whole proving too ghastly, indicting and disrespectful? Citing a recent piece by Steven Noon, Stewart spoke about Yes Scotland's commitment to sounding positive notes, defending the official campaign's nicely-nicely "optimistic fairydust" approach to persuading Scots of the need for and virtues of independence.
Finally, we touched on the proverbial "rise of UKIP" south of the border in last week's County Council Elections. What , if anything, might the upward march of Nigel Farage and his comrades presage for the UK as a whole, and for the independence debate in Scotland in particular? You can listen hear, or alternatively, download the episode via itunes or from here. Apologise, otherwise, for the blog silence here of late. The tyrant, Work, has been cracking his goad and the last stages of writing up a doctoral thesis are proving an unforgiving time of it.
After a week off due to technical gremlins, the For A' That podcast is back. Joining Michael and I on episode number 23, Stewart Kirkpatrick, who is Head of Digital at the Yes Scotland campaign. Top of the agenda this week, the recent currency stramash, the Chancellor's intervention, and its political fallout for independence supporters.
On politeness, Michael asks, YesScotland being too nice? By contrast, is the independence debate as a whole proving too ghastly, indicting and disrespectful? Citing a recent piece by Steven Noon, Stewart spoke about Yes Scotland's commitment to sounding positive notes, defending the official campaign's nicely-nicely "optimistic fairydust" approach to persuading Scots of the need for and virtues of independence.
Finally, we touched on the proverbial "rise of UKIP" south of the border in last week's County Council Elections. What , if anything, might the upward march of Nigel Farage and his comrades presage for the UK as a whole, and for the independence debate in Scotland in particular? You can listen hear, or alternatively, download the episode via itunes or from here. Apologise, otherwise, for the blog silence here of late. The tyrant, Work, has been cracking his goad and the last stages of writing up a doctoral thesis are proving an unforgiving time of it.
Regarding the currency union issue:
ReplyDeleteThere may be reasons to assume a currency union is not as much in the interests of rUK as it is Scotland.
As an economist opines here: http://www.scottisheconomywatch.com/brian-ashcrofts-scottish/2013/04/sterling-and-scottish-independence.html
Which is worth bearing in mind in the long term. There will be some form of Scottish currency in some form at some point. The advantages outweigh the disadvantages in many ways.
Most obviously, given the pensions crisis, having our own currency would allow us to devalue it (which we would have to do anyway if we wanted to build a competitive export economy) and this would massively help mediate the impact of the pensions black hole Westminster would gift us upon voting yes.