[Verse 1] Nineteen seventy-three, the ground began to shake Nixon closed the gold window, dollars couldn't break Fixed exchange rates crumbled, currencies set free Canada felt the tremors across the maple tree [Chorus] When the dollar hits the wall, inflation crawls across FX depreciation makes imports cost a loss Commodity swings can save us or amplify the pain When the dollar hits the wall, nothing stays the same [Verse 2] Integrated markets mean we share the fever American price shocks make Canadian believers Oil and wheat and copper dance with fiscal fate Terms of trade determine if we celebrate [Chorus] When the dollar hits the wall, inflation crawls across FX depreciation makes imports cost a loss Commodity swings can save us or amplify the pain When the dollar hits the wall, nothing stays the same [Bridge] Loonie falls, imports soar in price Sugar, coffee, cars roll loaded dice But if our wheat sells high on global floors Resource windfalls balance foreign stores [Verse 3] Domestic pricing structures hold the master key Fiscal frameworks twist the final destiny Export booms can cushion currency collapse While import bills create the budget gaps [Chorus] When the dollar hits the wall, inflation crawls across FX depreciation makes imports cost a loss Commodity swings can save us or amplify the pain When the dollar hits the wall, nothing stays the same [Outro] Economic regimes shift like arctic ice Bretton Woods shattered, we all pay the price From sea to shining sea, the lesson's clear When currencies float, volatility's here
← When the World Changed Overnight | When the Dollar Flows North →