Tag Archives: Full Fiscal Autonomy

Independence and full fiscal autonomy

Keep Calm And Look Through Your Rose-Coloured SpecsTo me it seems obvious: an independent nation has full fiscal autonomy.

A devolved country within a nation does not.

In my view, and the main reason why I voted No in September 2014, the SNP plan for “independent” Scotland – to be a country without its own central bank – was not independence at all: the only way I think our situation could now be worse would be if Yes had got the majority and we were now facing a situation where both monetary and ultimately fiscal policy would be set by George Osborne from rUK to iScotland.

If you have rose-coloured spectacles you may suppose that Osborne would naturally make decisions that would benefit and profit iScotland.
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