Policy

Policy
Policy
Policy
Policy

The Road to a Scottish Currency

In the second of a two-part series, financial IT systems expert Peter Ryan writes for Common Weal on his latest policy paper, ‘Paying Our Way’. which would make it easier for the Scottish Government to launch a new currency after independence and would allow us to start the process now, before independence and as part of a future independence campaign.

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Policy

Paying Our Way: The Case For A Scottish Payments System

Financial Services expert Peter Ryan returns to Common Weal with his latest policy paper advocating for a not-for-profit payments system to be rolled out across Scottish local authorities.

You can download the paper in full here.

Imagine you and I are an economy of two people. I pay you £100 in cash for goods. You, in turn, pay me £100 for services. Our economy ticks along just nicely exchanging goods and services with the cash transferring between us.

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