Showing posts with label deflation. Show all posts
Showing posts with label deflation. Show all posts

Sunday 16 October 2011

The Revolting Ode


I

As all growth falters and the darkness looms
we billions watch, our fear growing each day.
Some sit in their homes in their empty rooms

stare at their screens and have nothing to say,
or cry their tears of rage and rising fear
through powerless words that their fingers spray.

And others, their numbers growing each year,
complain bitterly and head for the street
while politicians and the rich all sneer.

And well they might those who have life so sweet.
They live in a dream blind to what will come.
Huge numbers suffer, resources deplete

and all of your plans to what will they sum?
To revolution and a boundless slum.

II

But wait! Praise the rich. They will save us all!
Their good investments trickle down to us.
Is it not the way? Don't they stand so tall?

Don't they wisely choose and they make no fuss?
If not for them, well, would we not all die?
Would we not be left with vomit and puss?

They are our leaders and do you know why?
They were born to rule and we to follow.
Where we play in dirt they rise up and fly.

We know: what pride we have we must swallow -
for only the rich can save us from hell.
Without them: in our own shit we'll wallow.

It's the truth and there's nothing else to tell.
If you feel like crying you might as well.

III

There will always be rich. They sprout like weeds.
It's at the core of what we are - predate!
Predate! The rich will satisfy our needs.

Come brothers and sisters why should we wait?
Why should we stand and watch all our dreams die?
When all we need to do is accept fate.

As one, rise, rise up - let loose your war cry!
Fear not the bullets of their dogs of war!
There is starvation if you do not try.

When at last we have evened up the score
and the blood of the rich showers like rain
fear not that the wealthy will be no more.

They will always come again and again
for who can ever feel another's pain?


Sunday 17 July 2011

Flations

So what are all these "flations"
that people talk about?
it's plain that there's at least two sides
two sides that scream and shout

"deflation" screams Mish Shedlock
Puplava he says "no!
Inflation is the way of things
i'm rich so i should know"

We're common folk who walk the streets
and spend our hard earned cash
on things we need to live each day
so we should not be rash

Or take a risk on borrowing
when all could turn to shit
oh no we must be careful now
we're hording every bit

So when we hear "inflation" yelled
across the MSM
we're worried that our savings will
be worthless in the end

and when we hear "deflation"
we scratch our heads and think
the falling value of our house
is headed for the sink

don't tell me it's velocity
or credit we can spend
or talk of printing money
that is worthless in the end

the truth is that reality
has crept up from behind
while we were drunk on boundless oil
that anyone could find

as asset prices crash and burn
and milk and bread costs rise
the net effect is just the same
for us it's no surprise

if anything cost all our cash
it's value will decline
and anything we need to live
will climb and climb and climb

so take your stupid "flations"
and shove them where it's dark
the simple truth is that we're fucked
it's simple, true and stark



deflation as we have it now is where the value of everything most people possess goes down - which means the cost of everything you NEED can go up


a good read on why gold prices go up during deflation can be found on Paul Krugman's Blog


if you liked this you might also like "Fred and Bill"