It's crystal clear

It is now crystal clear what voting yes in the independence referendum really means, in spite of all the assertions to the contrary. It means a return to the banking system of the 1700s, with no central bank and no bank bailouts. The Adam Smith Institute seems to think that this would encourage banks to be more responsible. Sounds a bit like putting a fox in charge of the hen house to Calton. Would you really trust a bank with your hard-earned savings in those circumstances? They may tell you that they have enough English banknotes in the vault to guarantee the Scottish notes they are printing but could you believe them? Would you? Meanwhile the SNP continue to cling to the idea that they will get a currency union with rUK in the event of a yes vote, while rumours circulate on twitter that today was possibly Alex Salmond's last FMQs. Oh, that it were true! Calton would jump for joy.