Hello Taka My interpretation of this phrase is non-elliptical: 1. ' 2. e.
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Against this, someone might argue that since 'will' here is the 2nd person, it can only be an auxiliary verb, i.e. expressing future time. (This is because of the traditional distinction between 'will' in the first person, which expresses intent, and 'will' in the 2nd and 3rd person, which only expresses future time.)
How come "say what you will" means something like "no matter what you're going to say"? Is it some sort of ellipsis?
From the reams of pronouncements written about the distinction between shall and will-dating back as far as the 17th century-it is clear that the rules laid down have never very accurately reflected actual usage.
If they date back that far, the 'rules' will undoubtedly have affected usage. It's called feedback.
These prescriptions have such a tiny affect on usage because they aren't real rules.
These trends created a demand for handbooks and style manuals, which were soon shaped by market forces: the manuals tried to outdo one another by including greater numbers of increasingly fastidious rules that no refined person could afford to