Strengthening the Union

My hon. Friend has made the pertinent point about the economic benefits of the Union to the Scottish economy. Perhaps that is why the SNP ran fleeting from the full fiscal autonomy proposal for the independence referendum—because it entailed significant turbo-charged austerity. Does my hon. Friend also agree that the growth commission’s fiscal and monetary proposals would result in an extra £40 billion of foreign exchange reserves having to be raised, which would entail turbo-charged austerity for the Scottish economy?