From Quantitative Easing to Quantitative Teasing The Dank of England

At its core the Dank of England is really a parody of the standard tasks performed by main banks in the worldwide economy While the specific Bank of England is accountable for controlling monetary policy regulating inflation issuing currency and ensuring financial security the Dank of Englands responsibilities appear to revolve across the memeification of these jobs As opposed to issuing banknotes adorned with old numbers or monarchs the Dank of England might matter memeinspired currency with results such as the Doge or Pepe the Frog exchanging the King Inflation and curiosity prices undertake a comedic pose nowadays where economic terminology is curved to fit internet laughter Quantitative easing becomes quantitative teasing a procedure where in place of making money the bank images punchlines that spread across social media marketing programs like wildfire

The dank in Dank of England is obviously a reference to the term found in meme tradition to describe something which is specially effective new or highquality in their wit or absurdity Dank memes are often characterized by their unconventional usually edgy wit making them stay out from popular jokes This notion of dankness completely aligns with the irreverent nature of the net wherever even probably the most critical topicslike economicscan be turned into a source of laughter The Dank of Britain then is not only a spoof of the main banking process but a broader discourse on your way contemporary tradition has a tendency to trivialize or mock things that are historically regarded as sacred or serious In that feeling it could be seen as a expression of a larger societal development wherever net customers particularly young years change to wit as a coping mechanism in the face of overwhelming complexity like the functions of the global economic process

Imagine a world where the governor of the Dank of Britain addresses the public maybe not with dry extensive plan speeches but with memeladen changes which are distributed via Twitter TikTok and Instagram Instead of worrying about inflation the citizenry may be concerned with memeflation wherever the amount of memes made is so large that their price decreases These days the value of a meme is similar to the value of currency in the real world Some memes move viral getting price their weight in comedic gold while the others diminish into obscurity in the same way drip diamonds may alter in price The idea of curiosity charges could be replaced with LOLterest prices determining how funny anything is based on how many individuals it will make giggle As opposed to plan debates about GDP growth or downturn the Dank of Britain could be focused on meme output checking exactly how many jokes per capita are now being created by the economy at large

In the Dank of Englands earth traditional economic crises like the 2008 economic accident might accept totally new forms In place of a housing bubble we may have a meme bubble wherever industry becomes oversaturated with lowquality recycled cracks ultimately causing a fail in the value of memes across the web The alternatives offered by the Dank of England may include meme bailouts or quantitative joking where in actuality the central meme authorities intervene to displace laughter to the people by distributing new highquality material The publics rely upon this imaginary institution may rely less on its ability to handle fascination costs and inflation and more on its capacity to help keep the web laughing in hard situations

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Comments on “From Quantitative Easing to Quantitative Teasing The Dank of England”

Leave a Reply

Gravatar