Scotching Currency Union

Economics of Scottish Independence, NIESR Feb 2014
Mark Carney raises doubts over Scotland’s plan to share the pound, The Guardian, 29 Jan 2014
The sterling price of Scottish independence, BBC News, 29 Jan 2014
The economics of currency unions, Mark Carney, BoE Governor, 29 Jan 2014
Currency Choices for an Independent Scotland: Response to the Fiscal Commission Working Group, 26 Apr 2013

For information, current Scottish notes are not “legal tender”. Official Bank of England view is here.

Back to the future with Scottish currency, Chris Cook, FT Alphaville, 17 Feb 2014 (entertaining, alternative view)

Taper Tantrums Revisited

Fed tapering and the law of unintended consequences…
Forget the Fed, prepare for Tokyo ‘taper’, Financial Times, 12 Dec 2013
End of QE will test diversification faith, Financial Times, 18 Dec 2013
Fall in capital flows poses growth risk, Financial Times, 6 Jan 2014
Federal Reserve cuts QE by further $10bn to $65bn a month, Daily Telegraph, 29 Jan 2014
Tokyo hit hard by sharp stocks reversal, Financial Times, 4 Feb 2014