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There is no independence from Westminster without a Scottish Currency
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We are planning for a Scottish Central Bank, payments system & regulatory structures for introduction of a Scottish currency on Independence Day
#scottishindependence #scottishcurrency
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Who told you what Putin's interests are? What do you think these are?
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You have very little detail about how the U.K. is going to save itself? Do you have any ideas? How will this benefit Scotland more than independence & our own currency? Most of us anticipate a future with all four nations on the British Isles cooperating on mutual interests not syphoning resources
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An independent Scotland will be keen to work with all of its neighbours and perhaps encourage them to do better. We would do well if we can act as an example of how it can be done alongside our successful Scandinavian neighbours. We should be cooperating not disrupting our neighbours is the lesson
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Russia is European
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What do you think Putin is going to do? There is plenty of scope for returning to diplomacy and mutual interests for the EU, rUK and Scotland
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The U.K. is on a terminal decline, Scotland has no influence. Why should Scotland go down with a ship steered by captains we don't vote for? Within the constraints of devolution we already emphasise our own values. Time for independence & our own currency to chart a very different course.
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This article sums up Germany's story of decline
apnews.com/article/germ...
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Sanctions against Russia have weakened the EU and U.K. economies
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What's strengthened Russia is the process the U.K. should have been through which is making the U.K. more self sufficient. Sanctions have backfired and Russia is now firmly allied to China
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The U.K. had the opportunity free from SGP constraints to invest in the U.K. domestic economy. Westminster parties have chosen to use less regulation to leverage maximum advantage to the 1% and the corporate, oligarch sector
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Not what I think has weakened the EU. They need to reform the Euro which has caused economic stagnation, austerity & lack of innovation which renders it non competitive. Putin had more advantage when there was peace and he was selling cheaper gas to the EU and they had jointly supported a pipeline
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I would be looking to interrogate your ideas of strength and weakness and to assess who benefits from these relative positions. Russia was at peace and trading with Europe, what happened to change this and why is Europe now paying more for US gas instead?
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Westminster decisions have weakened the U.K., Scots are seeking to take the over reigns for how Scotland fairs. Everything has changed and everything must change going forward. Clearly things are working as intended which is bad for the majority. This status quo is preserved by all U.K. parties
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Exchange rates are a consideration. Having our own currency gives us the best tools to influence this, we would lose this ability using the Euro. While trade is important, it's not the only factor to a nation's success which can be directed with our own currency
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Also we would require our own currency and to have run a stable economy for several years to quality for the EU and even stricter rules to join the Euro. Do Scots think limited spending at a time of building our nation is the best fit?
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Scotland has never been a member and we would need first to decide if it's in our interests which are different to those of the U.K.. Scots need a real debate so we can make informed decisions. The Euro is a disaster for many EU nations, we don't need to be one of them and can keep our own currency
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Simply put if you use someone else's currency you have to earn it by selling your resources or pay to borrow it which limits what you spend. If you have your own currency you don't pay it back, need to borrow, can't run out of it and control everything about it. Your resources then serve your people
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archive.ph/GGgSs
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TBF not the only lie he is telling in this clip or in general
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Absolutely achievable. We are working on planning for it.
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Same drawbacks as using Sterling. We would
Not be economically independent
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It's a solvable issue so not difficult to put in place but absolutely fundamental to true independence. Our own currency is how we unlock Scotland's potential
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The central bank, payments system and regulatory structures are the most time consuming components to put in place. The Scottish currency Group intends to start this planning as soon as possible to be deployable from Independence Day. 18mths can be done now plus 2-3 yrs transition should be ample
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Time for the control and benefits to be felt in Scotland
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There is certainly no benefit that we can direct towards the Scottish economy, quite the reverse as you point out!
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We could make very different decisions with independence and our own currency. Decisions which benefit the Scottish people.
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The thread on one page: skywriter.blue/pages/george...
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Our own currency is the sovereign wealth fund
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That's no problem, I've been out all day too but we started talking yesterday. Anytime you want to answer the other questions would be grand then I can see where you are in your thinking and it helps to work out where you are coming from
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Thanks for making the effort. Not quite on the majority of points but here is an analysis of the U.K. monetary system which should fill in the gaps.
www.ucl.ac.uk/bartlett/pub...