Legendary investor Jim Rogers says in this interview that the US Federal Reserve will engage in QE 3.0 when events get worst but will likely disguised it;
Since governments are political entities, then they employ politics even in the way they communicate to the public.
A good example is the political language called doublespeak which Wikipedia defines as
So yes we could expect another doublespeak in terminologies applied for the next round of money printing or inflationism.
They may disguise it, they may call it cupcakes
Since governments are political entities, then they employ politics even in the way they communicate to the public.
A good example is the political language called doublespeak which Wikipedia defines as
language that deliberately disguises, distorts, or reverses the meaning of words. Doublespeak may take the form of euphemisms (e.g., "downsizing" for layoffs), making the truth less unpleasant, without denying its nature. It may also be deployed as intentional ambiguity, or reversal of meaning (for example, naming a state of war "peace"). In such cases, doublespeak disguises the nature of the truth, producing a communication bypass.Quantitative Easing or credit easing policies is essentially money printing which is an example of euphemism or doublespeak.
So yes we could expect another doublespeak in terminologies applied for the next round of money printing or inflationism.
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