The Road to a Scottish Currency and the Currency Game

In our third Tuesday political discussion about Scotland’s future, we are delighted to welcome esteemed economist, Dr Tim Rideout, to Carnoustie to explain to us how Scotland can have its own currency and why it MUST have its own currency as soon as possible after independence.

We’ll also be playing The Currency Game, so please bring £5 if you want to play.

Entry to the event is free but please book a space via Eventbrite or email us on hello@yescarnoustie.scot. Light refreshments available for donation.

Tim Rideout was born in the Isle of Man, but the family moved to Cape Town when he was 12. He graduated in Economics and Geography from the University of Cape Town, before moving to Edinburgh in 1985 to do a doctorate in Economic Geography. The transition from Manx nationalism to Scottish nationalism was a small one, and he joined the SNP in 1988.

In 2014, he was concerned about the Yes movement’s currency proposal, but assumed Alex Salmond knew what he was doing. However, rumours in 2017 about the Growth Commission proposing using the GB£ for 'decades' led to him developing a Currency Plan. In April 2019, members at the SNP Conference threw out the Growth Commission proposal and replaced by 'our own currency ASAP after Independence Day'. In May 2019, Tim established the Scottish Currency Group to inform the Scottish independence movement and ensure that the Currency Plan would have to be to have our own currency right after independence.

The Scottish Currency Group has grown to over 3600 members, has produced numerous reports and now holds a major annual Conference.