Many a pilgrim came to the New World seeking the freedom to worship the Almighty God in whatever religion they choose. Soon enough that religion became the Almighty Dollar. Wall Street seems to be replacing the Pearly Gates as heaven on earth, except that often, and for many, it is behaving more like Gomorrah or even the Gates of Hell. The stock market daily roller coaster behavior spells nothing godly. Overnight large swings in value triggered by paper shuffling, and not by actually making or producing anything, can only be inferred to Lucifer. Our civilization is inexorably going the Faustian way.
There is an old saying in the Hawaiian Islands about the original missionary families that went there in the 1800’s and stayed there. To this day descendants of those families still control a lot of the shipping, land use, banking, etc. in the Islands. The saying is: “They Came To Do Good, and Did Right Well”. A similar say was attributed to the Quakers moving East.
This inspired Edward George Earle Lytton Bulwer-Lytton, 1st Baron Lytton PC (1803 – 1873), who was an English politician, poet, playwright, and novelist to coin the phrase “pursuit of the almighty dollar” in his novel the Coming Race (1871) As early as 1616, British writer Ben Johnson, wrote: “Whilst that for which all virtue now is sold, and almost every vice, almightie gold“. God is being marginalized more and more very day in favor of the dollar even though ironically the phrase “In God We Trust” is still printed on the currency. The phrase is almost anachronic since our politically correct courts are being stripped of Moses’ ten commandments plates (Oklahoma) surreptitiously in the middle of the night, and prayer is banned from our schools, unless it is oriented towards Mecca.
It was gold and silver, then it became paper and now it is becoming gold again because “In Dollar we distrust”. The main reason is that the money presses are working 24/7 at the US Treasury and, as the supply of paper floods the market, its value proportionally declines. History stubbornly repeats itself: The dilution and depreciation of its currency lead to the end of the almighty Roman Empire. Printing money after World War I in Austria and Germany eventually lead to the Nazis and World War II. Then there was Eastern Europe, then the Mexican printing presses in the 80s, which did a number on the peso. Why do we arrogantly think that it will not be the same for America? Isn’t insanity defined as doing the same thing over and over again while expecting a different result? We better go back to “Almighty God” on the double because if the destiny of Rome befalls us, it will not be a pretty site in the nuclear age. No wonder States like Texas and others are considering secession because they cannot print money like the Federal government can.
“The pen is mightier than the sword” claims our friend Edward George Lytton (Richelieu, 1839). I would say that the money printing press is mightier than both. It is dreadfully easy and tempting to activate and it is highly addictive, especially in the “Here and Now” consumer-driven society we live in. President Obama states he has a pen and a phone. What he omits to mention is his mighty printing presses.
In God We Trust; In Gold We Should Thrust, as the Almighty Dollar’s soon not worth the paper It’s printed on