Paphitis:
Don't worry about it RH, but many here know exactly what I am talking about and the Gentlemen is far more intelligent than you are when it comes to Banking because he lived it for decades rather than read shit from the internet!
He is what I said he was ..... basically a book-keeper, he was never a Banker and certainly no gentleman. He was a bully who could only get his point over in the same way you do. Avoided answering any questions but loaded replies with insults, abuse and an attempt to belittle the person that calls his bluff ........... he was not even ‘
something in banking’, he was an accounts keeper that’s all he knew. So CBBB like so many of your sources are feeding you bullsh*t.
I am very comfortable with my views and I form them after sound analysis of the facts unlike yourself who resorts to reading rubbish to construct a false thesis in virtually everything.
You do not analyse anything, you are incapable of analysis otherwise you would not hold your ridiculous views. Your knowledge of money creation started with
MY ‘
Super Rich’ thread and you read up on BANKING .... not money creation. I realise that is a difficult concept for you to understand. Most normal people like ‘B’, see it when they trust the source that confirms the fact. But then you are not normal! You only trust what suits your opinion.
But nevertheless, I know very well Banks create money and I think it is fantastic that they can do it, because they keep the world spinning. They just can't do it with impunity or self fund themselves. They must maintain certain liquidity levels which btw are far more stringent today.
Come on then ..... explain it to us and you can use the BoE Bulletin to demonstrate your knowledge! If you know what it is all about that should not be too difficult for you?
You are talking banking ..... it does not require banks to create money, history shows it is far more beneficial if it is created by government ..... debt free and interest free. Sorry but that just seems to be way above your level of understanding. But Trump and Corbyn understand it at least in principal .... as I said before they have worked it out.
My Nemesis on the site you refer to sent me this the other day ..... now
He is someone you could see eye-to-eye with as he has very similar opinions to you on many of your subjects although intellectually he is way superior you, but to give him his due he does admit he knows nothing about money creation and/or the banking system. The source should comply with your criteria? The Telegraph is hardly a ‘...
Marxist Socialist agenda website’ and the subject can only be described as an extreme right wing, capitalist billionaire .... so that should also comply with your criteria:
http://www.telegraph.co.uk/business/2016/05/28/donald-trumps-wild-idea-about-dealing-with-debt-may-be-here-soon/(
The Telegraph link above was also on that extreme ‘Marxist Socialist agenda website’ .........Global Research (?)
It's the rest of your bullshit I take issue with, in particular your Marxist attitudes and anti-west rhetoric straight from Marxist Socialist agenda websites which feed you exactly what you want to hear.
Another assumption ..... any one that disagrees with your views is an unbridled anti-capitalist, a socialist and a Marxist! (
[i]BTW: Trump disagrees with your monetary and banking views as well..... do you want his e-mail address[/i]?)
No not anti –West ..... just opposed to the obvious excesses that western style capitalism has created and continues to do so. Don’t overlook the fact that Russia as well as China are now capitalist countries! I would like to hear the truth and that I cannot get just from reading stories in the MSM, so I look for other sources and they are not what you say they are.
You see how stupid some of the things you say are? What I read, which is a span of maybe 20-25 different sources you consider as rubbish but ..... a one man band in Coventry, who is like you, vehemently anti-Assad, who gets his information from unknown sources within the anti-Assad terrorist forces and this is then what the MSM quotes and uses as a source of ‘
impartial’ information ...... you believe has impeccable credentials!
You keep spouting about people being assured of having self determination and control over their own destiny in Syria and yet support terrorists trying to overthrow an elected government to enforce THEIR idea of an Islamic Caliphate? That is OK with you but then you have scant regard for the Syrian people’s choice that voted otherwise, because ‘WE’ decided it had to be a self determination that suited ‘OUR’ purposes .
BUT ..... put the boot on the other foot and apply it to Crimea, where 90% of the people exercised their self determination, voted to leave Ukraine and then asked Russia to absorb them back into their Russian Mother land ...... you condemn their
free choice! These people don’t want to overthrow the unelected Ukraine Government that came to power through a US engineered coup .......... they just don’t want to be part of it.
Then you go on to condemn Russia supporting the people of Donetsk and Mariupol against a brutal regime with Nazism as their creed, that made it very clear they wanted them out or dead. Don’t you think all THAT a bit hypocritical?
I’m sorry Paphitis but your opinions and grand proclamations have no credibility and the way you express yourself makes you look rather pathetic and a real dork!