What does the filler text Lorem Ipsum mean?

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Tags

1. #quick
2. #industry
3. #dummy
4. #similar
5. #meaning
6. #which
7. #refers
8. #replacement
9. #lorem
10. #however
11. #ipsum
12. #answer
13. #desktop
14. #available
15. #publishing
16. #simplified
17. #looks