Indy debate Midlothian: currency

Join the debate
Join the debate

A lively public debate, held by the Advertiser at McSence’s conference suite recently, threw up many more unanswered questions.

To keep the debate going, we’ll post a new question on this website every day and open it up for discussion.

Here’s today’s question, from Roddy Davidson.

Apparently we are being told if we vote yes, we will no longer have a monetary union with the UK, Scotland will have a separate currency. This has been confirmed by Osborne and possibly two others. My question is: what will the money I have now in my pocket be worth if there is a Yes vote : What will the “new” currency be : If I have a debt of eg £20000 to a car company based in England, how do I repay this debt and what with ie currency?

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