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Tag: Barry Eichengreen University of California

Until Scotland’s currency puzzle is solved, independence is economically delusional

Scottish Independence March

The possibility of Scottish independence is back on the political agenda once again. And one question – which currency would an independent Scotland use? – that was crucial in the 2014 referendum has still not been resolved. The informal use of the pound is a very risky option. To see why, the Scottish National Party […]

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