How much would independence for Scotland cost? Tricky. But theres - TopicsExpress



          

How much would independence for Scotland cost? Tricky. But theres one bit of it that you can price, and its this. In order to have the pound, Scotland will need to guarantee its currency with a reserve, as everywhere else does. The reserve Scotland needs to raise is another 20 billion over its existing reserves, or £4,000 per person raised from taxes, including children. Assuming it doesnt have to borrow the money initially at high interest rates from international money markets. Which it will.
Posted on: Mon, 15 Sep 2014 17:53:44 +0000

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