Scotland wants to separate from the UK?

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Overlord93

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#51 Overlord93
Member since 2007 • 12602 Posts

[QUOTE="Overlord93"] UK has its own currency, we can simply decrease or increase its value and ride it out. Ireland? nope, Britain's debt is far more than that of greece, and yet we don't have half the troubles....you know why? we kept the pound and the economic control that comes with it.superfluidity

Well that's a fine solution, just print more money! Zimbabwe tried that recently, look into how that worked out.

notsureifserious.jpg wow, there is no way I am argueing over anything relating to the economy with you. wow, just wow. google devaluation
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superfluidity

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#52 superfluidity
Member since 2010 • 2163 Posts

notsureifserious.jpg wow, there is no way I am argueing over anything relating to the economy with you. wow, just wow. google devaluationOverlord93

Explain to me how devaluation is effectively any different from inflation, especially for a nation with a trade deficit.

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superfluidity

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#53 superfluidity
Member since 2010 • 2163 Posts

...where on earth did he propose printing more money?Ninja-Hippo

This fantastic statement:

we can simply decrease or increase its value and ride it out.Overlord93

He didn't say by what means the currency would lose value and I didn't automatically assume he thought devaluation was a panacea or effectively any better than printing money.

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Evolution-X0

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#54 Evolution-X0
Member since 2008 • 1740 Posts
Whatever, I don't care if they suddenly decide to become an independent nation. I don't know why this decision would possibly help them though.