George Osborne’s contribution to the independence referendum debate should be treated with some scepticism.
The Chancellor of the Exchequer is in charge of a deficit reduction programme that at current rate of repayment will take 400 years.
The Archbishop of Canterbury, Justin Welby, has been talking about the UK being in depression rather than recession.
Meanwhile, Professor David Blanchflower, a former external member of the Monetary Policy Committee; and James Scott, formerly Executive Director of Scottish Financial Enterprise; rubbished Osborne’s comments about Scottish pound notes and monetary unions.
There are plenty of currency unions, the US and Panama for instance, which work quite happily. George Osborne was making political mischief, nothing more nothing less.
Free Scotland Party