Sam Taylor retweeted
Tim Rideout says it would be “a big mistake” for the SNP not to adopt the Laurentjoye report on currency.
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
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Sam Taylor retweeted
This is Tim Rideout, speaking just a week ago at the SSRG conference, about how his big idea was to reject a one-day redenomination of bank deposits. Then yesterday, Tim unveiled the Laurentjoye report, which proposes exactly that: a one-day automatic redenomination of deposits.
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
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Sam Taylor retweeted
Laurentjoye is to be commended for being frank about the draconian measures that would be necessary for an independent Scotland to establish its own currency, but this is implausible. The chaos this would cause ahead of a vote pretty much guarantees the vote itself would be lost.
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Sam Taylor retweeted
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
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Sam Taylor retweeted
If @S_A_Somerville doesn’t know this, she has no business being a Cabinet Secretary. And if she does know it, she should not tell lies about it on TV. #BBCSundayShow
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Sam Taylor retweeted
Gillian Mackay has another go at answering the question: “Does Israel have the right to exist?”
Funnily enough, her answer is now indistinguishable from Ross Greer’s. I’m not sure Gillian Mackay is capable of having an opinion without first finding out what Ross Greer thinks.
Funnily enough, her answer is now indistinguishable from Ross Greer’s. I’m not sure Gillian Mackay is capable of having an opinion without first finding out what Ross Greer thinks.
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Sam Taylor retweeted
Shirley-Anne Somerville on #BBCSundayShow repeatedly states “we have not seen the detail” behind the Jackdaw consenting decision. But the UK government published a 92-page document fully explaining the consenting decision. @S_A_Somerville can find it here: assets.publishing.service.gov.uk/media/6ad77f4e…
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Sam Taylor retweeted
The IFS says Scot Gov resource funding in 2025–26 will be 12.4% higher in real terms than in 2010–11.
@S_A_Somerville claims this is just funding of new responsibilities (eg social security). This is completely false. Obviously the IFS has adjusted for that. They are not idiots.
@S_A_Somerville claims this is just funding of new responsibilities (eg social security). This is completely false. Obviously the IFS has adjusted for that. They are not idiots.
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Sam Taylor retweeted
this is huge - who would vote for independence knowing it would result in all of your cash at bank being forcibly converted into a new Scottish currency and strict capital controls being enforced which would prevent you from moving money out of the country?
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
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This is Tim Rideout, speaking just a week ago at the SSRG conference, about how his big idea was to reject a one-day redenomination of bank deposits. Then yesterday, Tim unveiled the Laurentjoye report, which proposes exactly that: a one-day automatic redenomination of deposits.
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
0
18
36
2,062
Tim Rideout says it would be “a big mistake” for the SNP not to adopt the Laurentjoye report on currency.
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
3
3
18
1,752
Laurentjoye is to be commended for being frank about the draconian measures that would be necessary for an independent Scotland to establish its own currency, but this is implausible. The chaos this would cause ahead of a vote pretty much guarantees the vote itself would be lost.
10
19
40
3,430
Tim Rideout always insisted a new currency could be established with conversion of deposits purely voluntary. But Laurentjoye’s report kills that idea (it always was mad). Deposits convert automatically “without the consent of each customer”. Good luck selling that to voters…
13
39
106
16,708
Gillian Mackay has another go at answering the question: “Does Israel have the right to exist?”
Funnily enough, her answer is now indistinguishable from Ross Greer’s. I’m not sure Gillian Mackay is capable of having an opinion without first finding out what Ross Greer thinks.
Funnily enough, her answer is now indistinguishable from Ross Greer’s. I’m not sure Gillian Mackay is capable of having an opinion without first finding out what Ross Greer thinks.
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If any journalist who received an advance copy of this currency report from Tim Rideout would be able to share it with me, please get in touch… (absurdly, a day after it was unveiled in Dunfermline, they still haven’t posted it online)
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Shirley-Anne Somerville on #BBCSundayShow repeatedly states “we have not seen the detail” behind the Jackdaw consenting decision. But the UK government published a 92-page document fully explaining the consenting decision. @S_A_Somerville can find it here: assets.publishing.service.gov.uk/media/6ad77f4e…
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The IFS says Scot Gov resource funding in 2025–26 will be 12.4% higher in real terms than in 2010–11.
@S_A_Somerville claims this is just funding of new responsibilities (eg social security). This is completely false. Obviously the IFS has adjusted for that. They are not idiots.
@S_A_Somerville claims this is just funding of new responsibilities (eg social security). This is completely false. Obviously the IFS has adjusted for that. They are not idiots.
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As you can see from the chart on the right, if you include money for new responsibilities, Scot Gov’s funding is almost 30% higher in real terms than in 2010-11. Source: ifs.org.uk/publications/r…
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If @S_A_Somerville doesn’t know this, she has no business being a Cabinet Secretary. And if she does know it, she should not tell lies about it on TV. #BBCSundayShow
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