No issue more clearly illustrates the irrelevance of independence in the modern world than the question of national currency.
Even the SNP have conceded that Scotland cannot have its own currency; a separate Scotland would have its interest rates set either in London – if sterling remains our currency of choice – or in Brussels, if we join the euro.
But the fact is that an independent Scotland asking, cap in hand, to be re-admitted to the European Union after leaving the UK – and therefore the EU – would have no choice but to adopt that respected and admired colossus of the international finance – the euro – as its currency.
So, come on all ye cybernats, let’s see your answers to Number 4 in our series, Questions to which the answer is “Er…”
In what way would Scotland be better off in the euro, with interest rates set in Brussels rather than London?