Monday, April 29, 2019

Forbes: Scotland's Ruling Party Makes Questionable Decision: Ditch British Pound "As Soon As Practicable"

By SIMON CONSTABLE 

The bad policy ideas just keep on coming from Scotland' ruling party.

Saturday, the Scottish National Party, which controls Scotland's independent parliament, voted to ditch the British pound "as soon as practicable" when or if the country gains full independence.

The vote appears to be motivated by little more than animosity toward many things English, a recurrent theme for the SNP. It could signal a turn towards Venezuelan-style economics. Read more here.

Fake Scottish pound note
Photo by Alf van Beem, 
Public domain, via Wikimedia Commons

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