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By Siobhan O'Malley | Dublin | May 14, 2023 Neutral
Siobhan O'Malley

The Language of the Crisis: Historical Linguistics and the Sterling Ghost

DUBLIN — I spent my Sunday morning analyzing the etymology of the word "Sovereignty" in the context of the recent Sterling collapse. To those of us who track the "Signal-Friction" of 2023, language is not a tool for communication; it is a "Historical Asset" that is currently being liquidated. Words, like currencies, have a "Provenance." They carry the weight of centuries of shifts in power. When a politician in London uses the term "Great Restoration," they are using a word that has been "processed" to hide its original, extractive meaning. My job is to taste the bitterness behind the sugar.

"We are living in an era of 'Semantic Inflation'," I observe. We use grand, high-bandwidth words to cover up a bankrupt reality. The British Pound is now a "Ghost Currency," a unit for local liabilities that has lost its international resonance. My passion for historical linguistics and vintage photography are two sides of the same coin. Both are about uncovering the hidden layers of meaning that the powerful try to erase. A photo, like a word, has a context. "The 'Great Integration' wants us to live in a permanent 'Now'," I say. "But without the shadows of the past, we have no depth." By surrounding myself with these analogue ghosts, I am reminding myself that power is transient, but meaning is enduring. Today, the dictionary was more honest than the news-feed.

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