@scg1
There is no independence from Westminster without a Scottish Currency π΄σ §σ ’σ ³σ £σ ΄σ Ώ We are planning for a Scottish Central Bank, payments system & regulatory structures for introduction of a Scottish currency on Independence Day #scottishindependence #scottishcurrency
Only one way to do that effectively, definitively and under representative democracy in Scotland - independence and our own currency mobilising our own resources. It would be nice to see you as a party have some real ambition for Scotland.
A new report from the SCG has been published today and is available on the SCG website at
scg.scot/resource-lib...
The two recent papers continue the theme of "In Scotland WE Need to Invest in Ourselves" which has been the subject of several articles in The National and others to come.
It's more of a retrospective view from Prof Roy plus the limitations of the current fiscal Framework. What SCG is saying is more can be done by using CWB thinking in all areas in the Scot Econ, including SG bonds. Obviously a Scottish currency is the replacement for said WM hand post Indy
Archived version of article
archive.ph/VbAci
The UK fiscal framework puts the SG in a bind but short term thinking is making it worse. More can be done if an !investing in ourselves" mindset is adopted (ie applying community wealth building in practice. See recent SCG articles
We can do more even within the fiscal cage muntil we finally achieve our independence
www.heraldscotland.com/news/2591424...
Copy of the analysis of U.K. spending and tax referred to in the article
www.ucl.ac.uk/bartlett/pub...
A great article in The National today from Ciaran McKenna.
archive.ph/wip/DdqyH
www.thenational.scot/politics/259...
Sure but that's about SG choices on how to apportion the fixed budget. Those choices don't change the budget Scotland gets. Independence is for Scots to decide and for that we need accurate information on the reality of our economy instead of unionist propaganda
An AI graphic based on our new page on the SCG website. Feel free to share it widely.
scg.scot/resource-lib...
We keep trying - the EU and Westminster are responding to recent events and developing more independent payments systems, the SG should take the hint how crucial it is and start to plan ahead
The most obvious takeaway from the paper is we should have been using income from offshore as part of Scotland's totals from the early 1970s. GERS was first published in 1992, the paper casts an ugly shadow over these stats.
pureportal.strath.ac.uk/files/328879...
www.patreon.com/posts/70-yea...
They are but we are thinking ahead to independence when Westminster will have the power to disconnect us from a U.K. payment system and even a threat to do so could undermine confidence to vote Yes. Remember when they said we couldn't have a currency union?
We would add the Scottish Greens in Scotland. This is a window of opportunity for all the parties mentioned to offer that bold alternative - it's been proven repeatedly it's not coming from the mainstream parties
youtube.com/shorts/2TvCI...
To Scottish Greens
Video summing up the task ahead. Economic messaging is going to be essential to get the Greens ahead of Reform in Scotland - it's been seen to work for the GE&W. They have good economic advisors around them. Who are the Scottish Greens listening to?
youtube.com/shorts/6H3VX...
See the joint paper on the SCG website from SCG/Scotonomics re the mismatch of issuing SG bonds for wholesale to the international markets and the stated aims of the recent Community Wealth (Scotland) bill. There is still time to change course.
scg.scot/resource-lib...
Peter Ryan, payment systems expert, for Common Weal on the issue of payment systems echoed in his piece in the National for the SCG
www.commonweal.scot/policies/pay...
On several occasions plus FOIs. That's the basis of this report
The National's response to the findings of the joint report with Scotonomics and the Scottish Currency Group. It's not too late for the Scottish Gov to rethink this plan to benefit the Scottish economy
archive.ph/vYK5D
www.thenational.scot/news/2589744...
This week's SCG article in The National. This time by Peter Ryan, a payment systems expert who spoke at the SCG Conference last October. Scotland can develop its own payment systems and boost the Scottish economy
archive.ph/wip/JCi55
www.thenational.scot/politics/258...
William Thomson has written a paper with Jim Osborne (Scottish Currency Group), "Scottish Government Bonds and Investing in Ourselves".
It will be released at 9am on 2nd March. Sign up to receive the paper in your inbox. scot.us21.list-manage.com/subscribe?u=...
Latest on Bylines Scotland from the SCG
bylines.scot/news/economi...
By issuing wholesale rather than retail bonds, the Scottish Government has decided to strip around Β£175 million from the Scottish economy. The decision was made alongside the new Community Wealth Building (Scotland) Bill. The wholesale bond issue is hardly in keeping with the spirit of the bill.
SCG working with Scotonomics on the repercussions of the creation of Scottish Gov bonds for the international market and how this aligns with the aims of the SG Community Wealth Building bill. Watch this space for their joint paper to be released in March 2026.
www.patreon.com/posts/by-iss...
bsky.app/profile/fitt...
By issuing wholesale rather than retail bonds, the Scottish Government has decided to strip around Β£175 million from the Scottish economy. The decision was made alongside the new Community Wealth Building (Scotland) Bill. The wholesale bond issue is hardly in keeping with the spirit of the bill.
SCG working with Scotonomics on the repercussions of the creation of Scottish Gov bonds for the international market and how this aligns with the aims of the SG Community Wealth Building bill. Watch this space for their joint paper to be released in March 2026.
www.patreon.com/posts/by-iss...
Scotland's oil & gas increased measured economic output by almost Β£1 trillion in todayβs prices β the vast majority of the value took the form of profits & taxes rather than wages, according to a landmark study by some of Scotlandβs top economists
Read more here
www.thenational.scot/news/2586370...
Scotland must develop a sovereign payments system independent of the rUK to secure our banking and financial sector against threats or moves to cut us off from the U.K. payments system when we become an independent nation
www.theguardian.com/business/202...