Quantitative easing
Monday, February 23rd, 2009I love this bit of jargon which literally means ‘printing money’, which apparently is what the Bank of England is thinking about doing in order to ‘help economic recovery’. But it would be too simple just to call it that, wouldn’t it?
As the world of banking crumbles it seems clear that the language of finance, which was previously more generally accepted as being unfeasibly complicated to the layman, is actually just part of the whole project of concealment. To call a thing by its proper name would expose the financial system for what it is: a crude and inglorious scam.