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2023-05-18 22:26:34

muju on Nostr: Me: What linguistic techniques are used in rebranding money printing as quantitative ...

Me: What linguistic techniques are used in rebranding money printing as quantitative easing, and how does this obfuscate the meaning to make it seem like something else?

GPT: The term "quantitative easing" (QE) is a euphemism for the practice of printing money by central banks. The word "easing" makes it sound like the central bank is simply making it easier for people to borrow money, when in fact it is creating new money out of thin air.

The term "quantitative" is intended to give the impression that this is a sophisticated, data-driven process, when in reality it is simply a way for central banks to inject more money into the economy. By using these terms, central banks can make it appear as though they are taking measured, deliberate steps to manage the economy, rather than engaging in potentially risky behavior that could lead to inflation.

Another linguistic trick used in rebranding money printing as QE is the use of technical jargon and complex terminology. This can make it difficult for the average person to understand what is actually happening, and can make it easier for central banks to justify their actions to the public.

The use of language in rebranding money printing as quantitative easing is a way for central banks to downplay the potential risks of their actions and make them more palatable to the public. By using euphemisms and technical jargon, central banks can obscure the true nature of their actions and create the illusion of control and stability.

Link in the screenshot: https://www.bankofcanada.ca/2022/06/understanding-quantitative-easing/#:~:text=QE%20is%20not%20the%20same,the%20form%20of%20settlement%20balances.
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