Quote:
Originally Posted by Mr Angry
I'm afraid that was not the issue at hand.
The issue at hand was that a poster suggested that one could not have independence and retain sterling. I merely pointed out that was not the case and that Jersey was a working example as it has a currency union with the United Kingdom. The nature of that currency union is irrelevant, the fact is it exists.
Nobody has suggested that Jersey is going to go on a massive spending spree or if it did that it would adversely affect the fortunes of the UK, that is a hypothetical construct which you insist on bringing into the argument.
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Let's assume for the sake of argument that any arrangement is the same as with Jersey, then the comparative sizes and behaviour of Jersey and Scotland DO matter. If Jersey acted financially in the manner that Salmond wishes to, then it would be of little consequence to the rest of the UK. Scaling that up to the size of Scotland and it would have an adverse impact.