Currency

Getting to Maybe: Currency, Debt and the Pre-negotiation of Independence

Author / Creator: Cristine Bell

Media type: Article

Date published: 2014

There is a great prize for the No campaign in the pre-negotiation currency tactic: its nuclear nature may indeed blast the yes campaign’s apparent green shoots. 


Scottish Currency Mythbuster

Author / Creator: Scottish Currency Group

Media type: Pamphlet

Date published: 2025

Some myths and common misconceptions around the establishment of a central bank and currency.


Our Scottish Pound - The Pocket Guide.

Author / Creator: Scottish Currency Group

Media type: Pamphlet

Date published: 2025

Q & A on the why and how of a Scottish currency.


The case for a Scottish currency on day one of independence

Author / Creator: Ian Stewart

Media type: Pamphlet

Date published: 2025

“Why do we need our own currency on independence?”  The British State has control of both our media and the banking payment systems is why.


Preliminary Reflections on a Viable Currency Framework for an Independent Scotland

Author / Creator: Thibault Laurentjoye

Media type: Pamphlet

Date published: 2025

These essays make the case that credible independence requires immediate monetary sovereignty, supported by coherent institutions and a clear understanding of macroeconomic constraints.


The Road to a Scottish Currency

Author / Creator: Tim Rideout

Media type: Video

Date published: 2024

The requirements for establishing a Scottish currency clearly set out over the three year transition period.


Scotland’s Currency Dilemma

Author / Creator: William Thomson

Media type: Article

Date published: 2024

“the economic framework underpinning Scottish independence is dangerously misguided and likely to lead to a worse economic situation than we experience as part of this dysfunctional Union.”


How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2023

New currencies can be created and launched both quickly and effectively.


How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2023

mini case studies to highlight the positives of adopting a new currency


How easily could an independent Scotland set up its own currency?

Author / Creator: Believe in Scotland

Media type: Article

Date published: 2022

"several mini case studies ... highlight the positives of adopting a new currency and will provide examples of recently independent countries that have created and launched their own currency both quickly and effectively"


Scotland: Currency Options and Public Debt

Author / Creator: Angus Armstrong

Media type: Article

Date published: 2014

What currency option would be best for an independent Scotland


Currency options for an independent Scotland

Author / Creator: GEMMA TETLOW

Media type: Article

Date published: 2021

"Concerns about currency stability could be minimised ... by an independent Scotland putting in place strong, independent institutions ... and demonstrating a commitment to low and stable inflation and to sustainable fiscal policy.


An Independent Scotland’s Currency Options Redux: Assessing the Costs and Benefits of Currency Choice

Author / Creator: Ronald Macdonald

Media type: Working Paper

Date published: 2014

The only currency option that maximizes the benefits and minimizes the costs of independence is that of a separate currency.


What would the currency options be for an independent Scotland?

Author / Creator: Ronald Macdonald

Media type: Article

Date published: 2022

Scotland can 

  • use Sterling
  • join a monetary union
  • establish its own currency


WHERE DOES MONEY COME FROM?

Author / Creator: ANDREW JACKSON

Media type: Report

Date published: 2012

A guide to the UK monetary and banking system


The SNP’s Currency Proposals

Author / Creator: Iain Hardie

Media type: Review

Date published: 2022

"On the surface, the government’s proposals on currency appear little changed from the Scottish Growth Commission (SGC)... However, this masks significant changes in the new proposals."


Twenty-First Century Central Banking and an Independent Scotland’s Currency Choice

Author / Creator: Iain Hardie

Media type: Report

Date published: 2022

"Having the full range of monetary policy options is essential for financial stability. [It enables] an independent Scotland’s government to protect its citizens in crises, whether global or more local.”


How governments create money

Author / Creator: Richard Murphy

Media type: Video

Date published: 2021

Governments create money through the power of taxation.


Does Scotland need its own currency after independence?

Author / Creator: Richard Murphy

Media type: Video

Date published: 2020

Scotland requires its own currency.


Why we don’t need to fear inflation

Author / Creator: Richard Murphy

Media type: Video

Date published: 2022

What inflation is and how to cope with it.