death of the dollar for blackwolf

  1. 811 Posts.
    'Twas The Death Of The Dollar

    J. Kent Willis, AGAPI Financial LLC, 2004

    'Twas the death of the dollar and all through the land
    Not a greenback was traded for more than a Rand.
    The paper was shoveled with nary a care
    With hopes that inflation would not soon be there.

    My children sit quiet and await the sad tale
    Of the day that the Dollar Standard had failed.
    In the quaint days of old when money was good
    We bought nothing with debt and saved as we should.
    But Lord Father Keynes had preached to the crowd
    That paper was good and honest and proud!

    We've no need for metal like silver or gold
    Such thinking and bias is foolish and old.
    We'll print all we need and make not a fuss
    The lessons of history apply not to us.
    Reserve Notes were hailed as safe from the fate
    That befell all nations both humble and great.
    Then oceans of ink and forests of trees
    Were forged into money by sovereign decrees.
    The world emerged from her shackles of rust
    The barbarous relics were tossed in the dust!

    Dreaming we had beaten the liquidity trap
    We all settled down for the Kondratieff nap.
    When straight from the East there arose such a stink
    The unmistakable scent of paper and ink.
    We've seen these before, we sent them to you,
    How terribly rude to refuse I.O.U.'s!

    With credit for you and credit for me
    There's no cause to work for the things that we need.
    Our friends in the East are happy to loan
    Their savings back West, but it's us they shall own.
    Their factories were built by the sweat of the brow
    And their people were fed from the fruit of the plow.
    The things that we bought they shipped them all here
    Prices are low, so there's nothing to fear!
    Our presses of print glowed white from the heat
    Once cut loose from gold there is no retreat.

    So the banks of the world stacked them twenty feet high
    Locked safe in their vaults away from the eye.
    Its funny, you know, that they guard them with care
    They sold out their gold to make room for them there.
    Protected by buzzers and bells that alarm
    Believing that this made them safe from all harm
    While so far away to the debtors delight
    A fresh batch just like them appeared in the night!

    While in the short term the sad joke was on them
    They planned and they plotted the payback of men.
    They graciously smiled when we handed them more
    Knowing full well they'd be back on our shore.
    At first they bought Treasury Debt by the ton
    It kept the game going; it's all in good fun!
    But the more that they loaned the more they got back
    Their grand plan had failed, it's time to attack!
    We know what we'll do, well dump them en masse
    We'll buy all the gold and the silver and brass.
    Right at the mine with our briefcase of bills
    We'll buy it all up then head for the hills.
    Whatever is left we will dump on the floor
    With metal in hand we'll need them no more.

    I remember the fear in the pits on that day
    The index had tumbled, all support went away.
    She opened no bid and was down for the count
    No one was buying in any amount.
    The bottom had fallen below the last floor
    The traders and hedgers all rushed for the door.
    Where was the fabled Japanese boost
    When the chickens aplenty had come home to roost?
    Elliot's disciples who worshipped the waves
    Were blinded by graphs and so they behaved
    By dumping their gold when reading twin peaks
    They regretted their choice at the end of the week!

    A six-pack of Joes arose from the din
    They wondered whatever had done the buck in?
    With her intaglio portraits of leaders of yore
    And shifty black ink that seemed green just before.
    "Its counterfeit proof" was the Treasury song
    It only requires that the world play along.

    The sheeple did bleat with their handfuls of cash,
    Shell-shocked and seeing their wealth was now trash.
    The Maestro who had turned his back on his youth
    Could no longer hide from the rod of the truth.
    Our masters are cruel and their judgment is right
    It's very dismal for all, and to all a cold night!

    J. Kent Willis is a Financial Advisor, Licensed General Securities Representative and the President of AGAPI Financial, LLC. He specializes in tangible assets, biblical faith-based investing seminars and balanced life strategies. He has traded gold and silver since the mid 1970's and resides in Kentucky. He can be reached at [email protected] This work may be reprinted and distributed freely to all hard money, "gold-bug" and related websites.

    Well I thought it was great anyway. All the best.
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