Daily Musings
Thoughts and Ponderings
Poems and Other Things

Sunday, August 30, 2020

XENOCURRENCY

           Xenocurrencies like the U.S. dollar

                       Experience some shifts in purchasing value;
                       Now we are seeing gold surge to heights stellar!
                       Our conservative economists view
                       China's plan to back their yuan with real gold
                       Upsets the pace of our weapon's upgrading...
                       Recall too the time when Japan's paper notes
                       Redecorated walls- (reached zero downgrading!)  
                       Even a full sack can't buy a meal of oats!
                       Now we too must back our currency with gold...
                       Calm down, China's past will follow the same mold:-  
                       You can rely on Uncle Sam; On China--don't be so bold!