Plan B – Limit the creation of a Scottish Currency to a Scottish Central Bank
13 August, 2014Positive Money's 'A Scottish Currency? 5 Lessons from the Design Flaws in Sterling' highlights the necessity of limiting the creation of a Scottish currency to a Scottish Central Bank. The report is helpful in pointing out some of the pitfalls of a Sterling-type currency, namely: 1. The amount of money in the economy currently depends [...]