Cyprus-Forum.com

[miltiades]

Brexiteer jailed for threatening to kill MPs: ‘We will cut your f***ing throat’


"in one message left for Mr Boles on 13 January, picked up by his personal assistant, Vidler said: "Nick Boles, if you f*** up Brexit we will cut your f***** throat. We know where you live and we know your f****** timetable and we ain't joking."
There is a .....true Little Englander. He knows so much about economics and will go to any lengths to ....protect the nation's economy !!

[Paphitis]

That is an indication of how frustrated people feel and let down by the democratic process.

this is not a good place to be and it can only get worse the longer this takes.

So let's just hope Boris meets the 31st of October deadline he set and takes Britain out of the EU.

[Paphitis]

Brendan O'Neill is a fantastic journalist I listen to.

Listen to him if you want to be edumucated like me.

Might need more than 2 brain cells though so Miltiades, don't bother mate!

[Paphitis]

More great stuff from non Fake News real journalists sponsored by the people and crowd funding.

[Robin Hood]

Maximus:

If it was so simple and straight forward, why isn’t every country that has its own currency booming?

I can’t answer that as it depends on so many factors. Frequently quoted as examples as to why it does not work is Weimar and Zimbabwe. Unlike China and Japan their debt was in foreign currencies .... predominately the USD. As they tried to repay this with too much local currency sloshing around, you get a reduction of the intrinsic value of the currency and they then print even more to repay the debt. So Weimar and Zimbabwe are to good examples to quote as failures and assume that will always happen.

But it is once again ....... based on debt and the problem is not the debt itself but the source of that debt!

It just doesn’t work like that, printing more money, and setting interest rates at 0% will devalue the pound.

That is not true. If the money created goes into the real economy it creates jobs and business opportunities, as a result the country’s GDP will rise. If the created money goes into equities, savings and existing asset’s (Property) it adds nothing to GDP it will inflate asset prices and you have asset inflation and yet you are dealing with identical amounts of money in each case. This is why both the BoE and ECB QE programmes failed to improve the economy .... the GDP didn’t rise because the created money did not go where it could create wealth, it went into assets.

....... it will encourage people and enterprise and government to take out loans. Higher interest rates encourage savings. This is how the economy and inflation is controlled

.
‘Take out loans’ ...... creating more debt that, under the present system, has to be repaid to the banks with interest. Look closely ...... the banks HAVE to keep printing money to boost the economy but then take it back + interest which has the exact reverse effect and that is....... a depressed economy and ultimately a depression! It also leads to ever increasing debt.

‘Higher interest rates encourage savings.’ ...... and savings detract from the economy as it is money that is not being used to create wealth. So to have a lot of savings is not good economics ..... the Japs found that out years ago!

You know, the central bank of a country is like the main manufacturer, the other banks are like distributors of the product, Which is currency.

Sorry but again that is not true! Under the current system it is commercial banks that create the currency ..... not the Central Bank. The BoE is in effect the office and the commercial banks are the factory churning out cheap credit. The BoE supposedly controls the economy by adjusting interest rates. Well ..... that does not do much to control the economy when they are bouncing along the ZERO% line!

They all need to make something out of it and maintain the value and integrity of their product.

The banks product is debt ...... they effectively produce nothing that could not be done in a far more effective and economically productive way. The system as it stands is geared up to support the banks ...... not the economy, and that applies to most western economies.

If, as the commercial banks do now, you create currency without a liability to repay it to any other party, then why let the private commercial banks do it at interest when the BoE (as you seem to suggest they do) create it without creating a liability and not having to introduce austerity to repay the loan ..... and interest. It is like having a nice fertile garden in which to grow vegetables ....... but you buy then from your neighbour because a law prevents you from doing what he is doing! To me that is nonsensical.

[Robin Hood]

LR:

RH - if he will excuse me in his absence (Zzzzzzzzz ) I believe thinks that Corbyn and McDonnell would set the world on fire and give the banks a well deserved bloody nose in the process.

I am not sure that THEY would ....... but the principal of Peoples QE would have enormous benefits for the UK if it was implemented ..... and the only ones that would be disenfranchised would be the banks. It is all win situation for the people.

Personally (and that's what it is, just my opinion) I think that their plan to take over the printing presses and churn out hundreds of billions to fund their Venezuelan plans will just result in the international decimation of sterling and rampant inflation. What do I know though? I haven't researched the subject of money at great length like he has.

So what do you think is happening now? True, you have not researched ‘it’ enough otherwise you would realise that is exactly what IS happening but instead of the State creating this currency debt free and interest free ....... we let the banks do it for us and not only does the capital need to be repaid (and if you understood money creation you would understand why this is so farcical) we also pay them interest for lending us something we could have just created for ourselves.

Also, although they haven't actually gone firm on it (well, Labour haven't done that on Brexit for 3 years) it does seem that they're certainly not in "no deal" territory nowadays. Which of course means that they won't be allowed by the EU to do the above. So, it's pretty much a moot point.

As long as we leave the EU and its restrictions on our economy ..... it is not a moot point!

What I will add is:

" It gives me great confidence that we have such - a money creation expert on the forum ..... one who is - obviously far smarter and better informed than anybody else's experts."

In the context of this forum I would say that is not far off the truth? I told you recently over all the years I have advocated a change to the financial and banking system (15+) by changing the means of money creation ...... virtually ALL my predictions of the dangers regarding banking, have turned into reality.

[erolz66]

That is an indication of how frustrated people feel and let down by the democratic process.

this is not a good place to be and it can only get worse the longer this takes.

So let's just hope Boris meets the 31st of October deadline he set and takes Britain out of the EU.

I hope that we can find a way forward , any way forward, that does not require us to scrap and ignore every democratic principal we have used for the last 500 years. If Johnson can do that I would be more than happy. I just remain to be convinced at this point that he will be able to do that.

[Paphitis]

That is an indication of how frustrated people feel and let down by the democratic process.

this is not a good place to be and it can only get worse the longer this takes.

So let's just hope Boris meets the 31st of October deadline he set and takes Britain out of the EU.

I hope that we can find a way forward , any way forward, that does not require us to scrap and ignore every democratic principal we have used for the last 500 years. If Johnson can do that I would be more than happy. I just remain to be convinced at this point that he will be able to do that.

If BREXIT does not occur, then we have basically made it as we go along and we have crapped all over democracy and due process.

People will become angry and disillusioned and they will rebel by voting for BREXIT parties like UKIP. Even some remainers will vote for the BREXIT parties because they are sick of what is probably the biggest derailment of British Democracy in their entire history.

I differentiate here between the remainers and remoaners as there is a big difference.

[Londonrake]

The Brecon by election clearly showed one thing today. Vote Farage and you get Swinson. In a General Election for Swinson read Corbyn perhaps.

I think it showed that this idea that following the next GE and assuming we have not already left, there can be little to no doubt that a Parliament will be returned that would express majority support for a no deal exit from the EU, is not necessarily so clearly the case. This was a constituency that voted majority leave in 2016 I believe ?

Catching up.

Sometimes threads have moved to another part of the galaxy overnight.

Given the circumstances that brought the by election about, the fact that the Greens and Plaid Cymru stood down, allowing the Libs a clear field (they won’t do that in a GE) plus the Libs throwing the kitchen sink at the campaign (carefully avoiding mention of the “B” word . ), it wasn’t really what you could call a resounding victory. Certainly not cause for believing there would be a massive LibDem revival in a national vote.

Let’s not forget our democratic principles . The majority voted for the 2 Brexit parties but of course it was split. Thus my point that such a situation could be replicated on a national scale in the next General Election, only with Labour reaping the benefits. Then we would REALLY have a subject to get our teeth into.

As I think I’ve posted a few times previously, I believe if Johnson doesn’t deliver then both he and his party will be toast. He surely knows that? After what’s happened during the past 3 years I don’t trust anybody currently on either side of parliament and won’t be holding my breathe. I can see the current frying pan situation easily turning into a fire.

[erolz66]

If BREXIT does not occur, then we have basically made it as we go along and we have crapped all over democracy and due process.

People will become angry and disillusioned and they will rebel by voting for BREXIT parties like UKIP. Even some remainers will vote for the BREXIT parties because they are sick of what is probably the biggest derailment of British Democracy in their entire history.

If a no deal Brexit does get implemented by Jonhson shutting down Parliament in order to deny Parliament their ability to have a fair democratic say on this means of exit, overturning 500 years of democratic normality in the UK, then I can tell you that the levels of anger, righteous anger, will rise to levels far beyond anything seen to date. This will be even more true IF such an exit causes the sort of damage to the UK and peoples lives that I 'speculate' that it would.

I differentiate here between the remainers and remoaners as there is a big difference.

The very term 'remoner' is based on a premise that when someone is in a minority of opinion on a subject, there is a vote on that subject that goes against their view, they then should and must just 'shut up' on that subject. This is not a notion that respects democracy, it is one that either fundamentally mis understands what democracy is and requires or is just contemptuous of democracy when that does not suit what the person wants.