Earlier quoted context omitted.
No it isn't. It isn't "a shorthand". It is a notation. Of those two notations, no one is "a shorthand" of another.
I think the point is that McLoone is using two different notations and measuring an artifact of this. There's nothing special about base-10 denominators.
It seems that what's special about rationals with power-of-10 (with power > 1) denominators is that we have a readily available shorthand, uh notation, for them.
Notation can be very significant. The transition from Roman numberals to positional notation with 0 took a thousand or so years. But boy did it ever make long division easier!