Cyprus-Forum.com

[vaughanwilliams]

What are you trying to prove, I still don't get it. That Cyprus doesnt have it owns currency?

One of the Forum members "myelitis" (or is that a disease?) said "Yah, boo, sucks - TRNC doesn't even have its own currency", on one of the other BBs and I countered that neither did the "RoC".
He dragged the thread over here and the rest you know about.

So, having established that the RoC does indeed mint its own internationally recognised currency (the prize-winning Cyprus Euro), how precisely have you proved the forumer who said the above as being wrong?

You haven't! You grasped at a straw and you have sunk!

No, Cyprus hasn't minted its "own" internationally yada yada yada. It has designed a Euro coin which it has won a prize for. It may or may not be minted here, in the strictest sense of the word, but even if it is, it is still a Euro coin, COMMON to the EU, and the Euro is not Cyprus' OWN, it belongs to the EU. Geddit?

Wrong again! The Cypriot currency continues to be minted in Cyprus:

http://www.centralbank.gov.cy/nqcontent.cfm?a_id=1

And it continues to be our money but it's recognised without bureau de change complications in other Eurozone countries ...



Now, I'm glad to see you've finally accepted that the other forumer was right and we can quit rubbing your face in it.

I accept nothing. Cyprus may mint its Euro coins in Cyprus, but it is not your Euro, it is your VERSION of the Euro. Are you saying that if Irish banknotes are printed in the UK it makes them UK currency?

Listen lowlife! Currency is a means of paying for goods and its authority derives from its country of origin ..... The fact it's also usable in other countries is a strength and not a weakness! You're just brainwashed by the BNP .... I know the Bank of England wishes it was in a position to join this system now!

I'll drink to that. Make mine a large Efes.

[denizaksulu]

What are you trying to prove, I still don't get it. That Cyprus doesnt have it owns currency?

One of the Forum members "myelitis" (or is that a disease?) said "Yah, boo, sucks - TRNC doesn't even have its own currency", on one of the other BBs and I countered that neither did the "RoC".
He dragged the thread over here and the rest you know about.

Ofcourse the north does NOT have its own currency. Stop this bickering.

There is a EURO with the ypriot emblem on it. Why are you 'pissing against the wind?'.

[FragnaticDeath]

I think it's the childish way of an argument

1 is trying to say something and the other guys keeps telling him "brrrrrrrrrrrrrrr ougggghhhhhhhh aaaaaaaaa"

and then when the guy who is trying to explain to him gives up,

he tells him "I win and you gave up" not much of a debate is it?

[vaughanwilliams]

I think it's the childish way of an argument

1 is trying to say something and the other guys keeps telling him "brrrrrrrrrrrrrrr ougggghhhhhhhh aaaaaaaaa"

and then when the guy who is trying to explain to him gives up,

he tells him "I win and you gave up" not much of a debate is it?

Didn't stop you going along with it though, did it?
You still don't get it. It wasn't a debate - it was just me pulling your plonker.
I don't give a rats arse about the Euro or who's it is or isn't.

[FragnaticDeath]

So you admit that you had no case on the subject and you just wanted to make a fool out of yourself. Now that is clear and out of the way. lets move on to the next subject.

[CBBB]

So you admit that you had no case on the subject and you just wanted to make a fool out of yourself. Now that is clear and out of the way. lets move on to the next subject.

Leave the dickhead alone to pull his own plonker, he probably does that most of the day anyway!

[vaughanwilliams]

Well, I thought that this thread had run its course (bet you did too).

I have now received definitive info, which I will quote:

"If you have your own currency, like the UK does, it means the UK can on its own determine interest rates for that currency.

The RoC does not have its own currency because it is unable to set interest rates for the Euro on its own.

This is the material difference between having your own currency as a state and not. It is this ability to, on your own, set interest rates for the currency you use as a state that is 'given up' when you join a shared currency like the Euro.

The UK can and does set interest rates for Sterling according to the needs of the UK alone. The RoC can NOT set interest rates for the Euro according to the needs of the RoC alone, but has to live with the rates set by the Central European Bank, which may be best for Europe as a whole but not for the specific situation of the RoC.
It is this ability to set interest rates for a currency that defines in any material sense if a state has its own currency or not.

If ALONE you can set interest rates for your currency then it is your OWN currency.

If ALONE you can not set interest rates for that currency then it can not be said in any sensible and/or material way to be your OWN currency."

Game,set & match?

[Get Real!]

Well, I thought that this thread had run its course (bet you did too).

Oh no! Not before I get the chance to display the fine collection of "TRNC" coins fresh off the Royal Turkic Mint... It looks like you were right after all!





Courtesy of Dr Boomers!

[Gasman]

Correct Vaughan. RoC has a common currency with the rest of the Euro zone.

[EricSeans]

They should be made to use there real names and pictures of themselves as their avatars. Copies of their dodgy kochans would also be useful.

Like you do, you mean?

I've seen CBBB and he looks exactly like his avatar.

Another anonymous Forum member heard from.
I agree with CBBB - come on you brave guys, let's see who you are, what your real name is and where you are.

Vaughan,

How many of those kakking themselves on this thread would be brave enough to say who they were on this forum?

http://www.cyprus44.com/forums/29689.asp