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Guernsey and Jersey are interesting cases. Both are islands close to the French coast. Both are bailiwicks (i.e. administratively autonomous) although the U.K. considers them to be part of the U.K.’s “Common Travel Area.” Both use the English language, plus regional languages such as Norman. Both use British pounds, but Guernsey also has its own currency.
As far as I know, Guernsey does not collect taxes in Guernsey pounds, and yet people still use Guernsey pounds. Once again I question the MMT claim that “taxes drive money.”
(What “drives money” is social convention, plus laws that may or may not include tax laws. A dollar has value because most people in the world agree that it has value, even though most people in the world do not pay local taxes in dollars.)
TRIVIA:
“Rosie Henderson, from Guernsey, raised the clameur by kneeling and calling for help and reciting the Lord’s Prayer in Norman French.”
Norman French (or simply “Norman”) was the official language of England and southern Ireland from the Norman Conquest (1066 AD) to the Peasants’ Revolt (1381 AD).
The movies Becket (1964) and The Lion in Winter (1968) were in English, but those people in real life spoke Norman.
1 comment:
Guernsey and Jersey are interesting cases. Both are islands close to the French coast. Both are bailiwicks (i.e. administratively autonomous) although the U.K. considers them to be part of the U.K.’s “Common Travel Area.” Both use the English language, plus regional languages such as Norman. Both use British pounds, but Guernsey also has its own currency.
As far as I know, Guernsey does not collect taxes in Guernsey pounds, and yet people still use Guernsey pounds. Once again I question the MMT claim that “taxes drive money.”
(What “drives money” is social convention, plus laws that may or may not include tax laws. A dollar has value because most people in the world agree that it has value, even though most people in the world do not pay local taxes in dollars.)
TRIVIA:
“Rosie Henderson, from Guernsey, raised the clameur by kneeling and calling for help and reciting the Lord’s Prayer in Norman French.”
Norman French (or simply “Norman”) was the official language of England and southern Ireland from the Norman Conquest (1066 AD) to the Peasants’ Revolt (1381 AD).
The movies Becket (1964) and The Lion in Winter (1968) were in English, but those people in real life spoke Norman.
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