The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Megan McArdle, Trapped By Quaint Terminology

Posted on | September 9, 2010 | Comments Off on Megan McArdle, Trapped By Quaint Terminology

by Smitty

Insty links Megan using old, tired terms like “seignorage.” The new hotness, quantitative easing, readily obviates the difficulties by doubling the word and syllable count.

Also, an opaque and unaccountable Federal Reserve is a handy source of shenanigans to keep that stock market bubble inflated. Let our economy be a triumph of style over substance.

“‘Nando, don’t be a schnook. It’s not how you feel, it’s how you look”:


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