Paphitis:
I have decided to reselect you ...... I missed the entertainment ..... life became dull ..... no meaning any more ....... the dog got fed up with ‘walkies’ and the wife keeps finding me things to do .......so I thought, “What the hell ..... I’ll go back to upsetting Paphitis! “ 
Tim Drayton:
And a person who claims to be an expert on economics and finance yet thinks if somebody talks about 'selling shares and moving into cash' this means they physically have boxes of cash at home. Give me a break.
Firstly, I have NEVER claimed to be a financial expert, that is just your opinion, formed by someone who clearly has difficulty with the English language. I know a lot more about economics than you because I learned from experience that what you (
and I did at the time) believe to be how the system works, is not true. I understand the scaffolding that creates and supports the structure of money creation and particularly the banking/financial systems. How the banks then do their accounting is of little or no interest to me.
Tim Drayton stated: “Well, I've sold out and gone 100% cash. Don't say I didn't tell you.”I tried to explain to you that there is a Worldwide proposal by the banks, and supported by institutions, countries, the EU, World Bank etc. to create a cashless society. Had you been doing what you said you were doing ....... which you obviously were not ....... then holding CASH (
as previously defined for you) was not a good idea. Had you followed events recently in India you would have seen why.
So, your statement was very misleading! You obviously have difficulty expressing yourself in English? You said you were moving into cash, but that was not what you meant? You were moving something (
Shares?) into cash .... that wasn’t really cash? I have given you the definition of cash but it is clearly difficult for you to comprehend what cash is? So what is this cash you have ....that isn’t cash?
Conclusion.... you don’t know what you are talking about? I wrongly assumed that what you said, was what you meant, I was obviously wrong again?
BTW: I know of at least one Cypriot that does just that , he hides 1000’s in CASH (
Euro Bank notes) all over the place , (
he panicked when the banks suddenly stopped accepting the €500 note) ........ he does so because he does not trust the banks, post ‘bail-in’, and I do not believe he is the only one! But not for long!
Paphitis:
The stupid idiot has no grasp of reality.
A remark coming from someone like you who proves constantly he lives in his own cloud cuckoo fantasy land ..... is bloody hilarious.
This ‘
stupid idiot’ has his feet firmly on the ground. I am pragmatic and don’t imagine myself as some top notch military officer, running a war single handed, in a country I have never even been to and a conflict I do not understand. Neither do I spout assumed knowledge on a monetary system that I do not understand. I am also reasonably intelligent enough to tell the difference between credibility, propaganda, fake news and lies. Idiot? ..... vulnerable people living in glass houses should not throw stones.
Someone who buys and sells shares, is the least likely to have boxes of cash at home.
Well, not strictly true .... in boxes and suitcases maybe, in great quantity, no ......... but converting cash into a bank account entry, in many and various bank accounts, in multiple banks and location, very likely. I expect this game is very familiar to you.
But you can’t hide money that way. CASH .... if you understand what that means ...... is anonymous and difficult to track i.e.untraceable! Hence the reason banks and governments are keen to see the back of cash, First stop .....limit cash transactions. That is common sense once it is pointed out and has already started.
It's unsafe, stupid, and no benefit to derive in doing so.
The benefits are obvious to governments and also to banks! Have you never paid CASH to avoid VAT/sales tax? Millions in cash changes hands every day ..... from an individual getting a builder to do a job ‘
cash-in-hand’ ........ to bundles of cash moving through the terrorist community ....... to large conglomerates bribing official for contracts ...... and of course drugs. The clear benefit is ..... it is untraceable!
This is why they make it difficult to launder the cash into a bank account ...... even if you are a cocky Aus who believes he is an exception and can dump a briefcase full of cash onto the bank counter and they will just put it into his account This is exactly why there is a move to limit cash transactions and as I tried to point out, it is already being implemented in some countries.
Transaction like these are already on the radar, and having the proceeds stuffed into a pillow case isn't going to do anything other than make it a lot harder to buy other shares.
You are as usual, trying to teach Grandma how to suck eggs! You are parroting EXACTLY what I explained to your friend but just like you, he was just arrogant and too dumb to see it!
It is just a pity that you two are far more interested in trying to prove you are smart, rather than engaging in a sensible conversation with someone who eventually learned (too late) how the game is played ........I learned the hard way. 
Paphitis:
You and Mr Drayton are just the sort of people these parasites feed on, because you are ignorant of the way the system works, you both think you are smart and you have more money than sense, going by the content of your many boasts and claims on the subject of money creation and the banking system
I was ignorant just like you two, and it seems a lot of other people, until some 14 years ago. I learned my lesson the hard way by a very expensive series of mistakes because I trusted ‘
financial experts’ and ‘
Bankers’. I vowed ‘
Never again!’ and I learned everything I could on ‘
The System’ from the roots up and I certainly didn’t get the information from a bank clerk or even my local branch Manager.
These sort of people could never do it to me today, I am much wiser, although a lot poorer. That is why I try to pass on what I have learned over many years to people like you who really don’t have a clue...... unfortunately you seem to think you do. I could almost weep when I read some of your misconceptions ....... but to quote your friend, ‘
Don’t say I didn’t warn you!’
This case may interest you:
Unofficial estimates believe it could be up to a billion!
This lady was on BBC Radio 5 this morning. She went from running a successful and thriving business to getting cleaned out. All she did was ask the bank for a loan. Her story was heart breaking and I could really empathise with her, because there is
NOTHING you can do about it once they have pounced ..... you are screwed! As the CEO of a major international Bank said to me .....
“You can’t afford to sue us!”. He was right .... well, partially!.
“Victim Joanne Dove, who lost her business, home and marriage through the fraud, said: ‘It was financial rape... I lost everything, my reputation, all our money, all our pension schemes.”Beware Koala ...... the banks are not your friend ...... they see you as their next meal ..... the more you have, the better the banquet. If you are stupid enough to think this is a
‘one-off’......... I suggest you do a bit more reading instead of just skimming the headlines.
