the corner office

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« Currency | Main | Geneva conventions »

# Currency II

Of course, it's one thing to say that Scotland could keep using the pound, it's another thing to say that they should. Without their own currency they'd be at the mercy of the Bank of England, although arguably that's no different to now. Also the same 'euro is bad' argument applies to the pound, although again, arguably, (only) slightly less so since it's a little closer to home, so to speak.

The interesting question is to apply the same 'euro is bad' thinking to, say, London and the whole of Northern England. That's not a debate too many people care to get into, but the issues are the same.

File under: politiek : {2012.01.12 - 22:28}

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