The Anonymous Widower

Carney’s Sense On An Independent Scotland And The Pound

Mark Carney has pronounced on how an independent Scotland would use the pound.  It’s reported here and this is the first few paragraphs.

The Bank of England governor has said an independent Scotland would need to give up some power to make a currency union with the rest of the UK work.

Mark Carney said such a move, proposed by the Scottish government, “requires some ceding of national sovereignty”.

He also said the risks of not having a strong agreement had been demonstrated by problems in the Eurozone.

I think it is more complicated than he says, as would a government of what is left of the UK, want to let Scotland share a currency? There are plenty of politicians, who would want to settle old scores

And would Scotland be allowed to use the pound by the European Union?

I don’t care one way or the other, so long as I don’t have to foot the bill for extra taxes to pay for the mess politicians leave us in! Which of course, they always do!

January 29, 2014 - Posted by | Finance, News | ,

1 Comment »

  1. […] writing the previous post about Mark Carney’s thoughts on the pound and Scottish independence, I got to thinking about […]

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