Tuesday, January 8, 2013

Fiat Fiat - or - The Drain in Spain Flows Mainly From Their Brains

commentary by Roger Erickson

Forget Julius Caesar, I can outdo him in 2 words! "Fiat fiat."

That's even shorter than rewriting the US Constitution in Latin:
"Venimus, Vidimus, Perfecimus Eventus Accommodatos"

What do we have instead?


Even that wouldn't matter if their pension policy were to simply provision their own population and nation, instead of trying to hoard their liquidity units.

It's hard to manage an economy if policy staff have forgotten dynamic use of reusable semantics. After one pass, even propaganda descends into maladaptive gibberish.

* This topic has been reported at multiple outlets. Quoting bankruptcy specialists discussing fiat liquidity seems most appropriate. What's the inverse of not exploring options (i.e., forgoing social liquidity)? Fiat fiat? What a concept! Did you know that we could actually use that? Our best hope may be to have a pizza chain adopt it in their advertising jingle. The natural corollary is fiat semantics, but that's apparently too esoteric for isolated specialists. :(


No comments: