On 9/18/14 Scots will vote on whether to leave the United Kingdom. Much has been made of the possibility that England won’t permit Scotland to use the pound sterling if they vote to secede. So what! Scotland can always peg their new currency to the pound, or — like Ecuador, El Salvador and Panama which use the US dollar as official currency – declare the pound the official currency of Scotland.
Tag Archives: Scotland
$3,000 for a Shot?
The Friday File: A 55 year old bottle of Glenfiddich Janet Sheed Roberts Reserve, a single-malt scotch, sold (to a whisky investor) at auction for a record $94,000. Janet Sheed Roberts is the oldest person in Scotland at 110 and is the granddaughter of the founder of the Glenfiddich Distillery. In her honor, 11 bottles of a ‘55 single malt are being auctioned off. The 1st bottle sold for $72,630 and the second for just $68,200. I think the recession’s over.