View Single Post
  #333   Report Post  
Posted to uk.d-i-y
The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
external usenet poster
 
Posts: 39,563
Default BBC post Scottish Independence

On 18/09/14 10:10, Adrian wrote:
On Thu, 18 Sep 2014 09:55:44 +0100, Big Les Wade wrote:

Nope. Any country is free to use any currency they like.
The country whose currency it is gets no say whatever on that.
Plenty use the USD for various reasons.


Ah. If all you mean is that Scottish institutions and individuals will
be able to continue holding sterling accounts and notes (as Puerto Rico
does with US dollars) then of course you are trivially correct.


Montenegro is a European example, using the Euro.

Scotland can use the USD, the Euro, the GBP, the Yen, the
whateverthe****theywant, without having to ask permission from the
currency's "owners". They just need to have a serious amount in cash on
deposit - and you're right, they'd have no fiscal independence. At least
in the Euro they'd have a seat at the ECB.


But would it be big enough for Salmond's gargantuan arse?


--
Everything you read in newspapers is absolutely true, except for the
rare story of which you happen to have first-hand knowledge. €“ Erwin Knoll