Dear Friends:
As you may or may not know, a Lingovation is a newly-created, freshly-coined word, often comprised of a hybrid or contraction of several existing words, which comes into being when no other single existing word or word combination (and sometimes not even an entire paragraph!) can precisely express the thought. They are not nonsensical terms, and must indeed be taken very seriously.
QUANTITATIVE APPEASING – This particular Lingovation sounds suspiciously similar to a specious monetary policy utilized by the U.S. Federal Reserve System called “Quantitative Easing.” When the central banking system (or its principal governing body) continually either 1) prints increasing amounts of currency or 2) buys securities in order to “stimulate” the economy, this is actually refinancing debt by incurring even more debt (with interest continuing to accrue), and printing currency of a declining intrinsic value with which all of the amassed debt must ultimately be repaid. In the most basic terms, Quantitative Appeasing is an incredibly expensive and economically destructive ruse by which a government convinces a gullible populace that “debt can be used to pay debt, without a day of reckoning,” and that “the greater the amount of money outstanding, the greater the possibility of a faster economic recovery.”
The government does not generally share with the confused populace the fact that ultimately, the burden to repay every cent of this “Monopoly Money” debt, which increases daily, will fall squarely on the shoulders of every taxpaying citizen with unbearable force; the only issue is when, in time, this will occur.
p.s. If after reading the LINGOVATION above, you have some idea of your very own for a new LINGOVATION, simply press on the button which follows (it says "Submit My Original Lingovation") to submit your new word and its definition, and we will make you famous...well, perhaps just somewhat famous. We will get your Lingovation a very high ranking on all of the search engines -- that much is assured!
The button.....
Labels, Tags and Keywords : Blue Things, Blue Tuesday, Lingovation of the Week, the national networker, TNNW, tnnwc, Omnigadget, wordplay, Technullity
A brief word from our Sponsor, Albert Einstein, who is deceased at the moment, having suffered (apparently) at least one too many electroconvulsive therapy treatments:
We, at TNNWC Group have also received high praise from none other than... presidential hopeful Sarah "Mama Grizzly" Palin! Who knows where our next celebrity endorsement (or next meal, for that matter) will be coming from? Perhaps Michael Vick? Perhaps Paris Hilton??? Lingovations -- we were nothing before they came into existence.
LINGOVATIONS!
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