I NOTE that Stewart Hosie, the SNP’s current economics spokesperson, thinks that telling people the truth about currency will create another bout…
’s current economics spokesperson, thinks that telling people the truth about currency will create another bout of “Project Fear” which the Unionists will exploit.
So come off it, Stewart – an independent Scotland moving quickly to establish its own currency is by far less risky than telling people there is no problem with sterling and that this will be true for the foreseeable future. To do this is not based on any reasonable economic grounds, it is just an attempt at misleading the electorate and Scottish people will see it for the nonsense it is.
Because it owns a central bank, the UK Government can create the money it needs to do what it wants – it can’t go bust.
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