UK’s answer is “The present arrangement is the best. Stay with the UK and keep the present arrangement – vote No!”
Scottish Government’s answer is “We like many aspects of the present arrangement but we don’t like a host of other aspects of UK – let’s keep the best of the present currency arrangement, improve it - and vote YES to Scotland’s independence!”
Murdo Fraser put this question to five experts on 12th March. They disagreed on the answer. This on the same day that the Treasury Committee was grilling Mark Carney, Governor of the Bank of England and doing their level best – unsuccessfully - to bounce him out of his neutrality and objectivity on the the shape of a currency union after a YES vote, and on Scotland’s independence, as re-confirmed and re-asserted to Stewart Hosie MP.
THE SCOTTISH SECTION OF TREASURY COMMITTEE with MARK CARNEY, GOVERNOR OF THE BANK OF ENGLAND – STEWART HOSIE MP SEGMENT
THE SCOTTISH SECTION OF TREASURY COMMITTEE with MARK CARNEY, GOVERNOR OF THE BANK OF ENGLAND – End of Stewart Hosie segment (the confirmation) and into the COMMITTEE MEMBERS QUESTIONS)