When the Golden Standard Shattered

grunge afro-cuban jazz, symphonic cloud rap, breakbeat trance, dark chillstep · 4:18

Listen on 93

Lyrics

[Verse 1]
In seventy-three the world changed fast
The golden standard couldn't last
Nixon closed the window tight
Floating currencies took flight
But when the oil crisis came
Two OECD friends played different games

[Chorus]
Same shock, different paths they chose
One fought back, the other froze
Germany squeezed while Britain eased
Inflation versus unemployment's disease
Same oil, same storm, different ways
Policy choices shape the days

[Verse 2]
Germany's central bank stood strong
Said inflation's always wrong
Raised the rates and held them high
Watched unemployment briefly fly
But kept their currency rock solid
While their neighbors' money wobbled

[Chorus]
Same shock, different paths they chose
One fought back, the other froze
Germany squeezed while Britain eased
Inflation versus unemployment's disease
Same oil, same storm, different ways
Policy choices shape the days

[Verse 3]
Britain took another road
Printed money, shared the load
Kept employment numbers steady
But inflation wasn't ready
Wages chased the rising prices
Rolling dice with fiscal vices

[Bridge]
Both got hit by Arab oil
Both saw economies recoil
But the choices that they made
Showed how different games are played
Sacrifice inflation now
Or let unemployment bow

[Chorus]
Same shock, different paths they chose
One fought back, the other froze
Germany squeezed while Britain eased
Inflation versus unemployment's disease
Same oil, same storm, different ways
Policy choices shape the days

[Outro]
When the golden standard shattered
Every country's choice mattered
Same exposure, different cure
Shows what policies endure

← When the Golden Age Cracked | When the Golden Age Shattered →