John Maynard Keynes, a mind so keen
In times of war, saw what inflation means.
While mild inflation he might tolerate,
He knew its potential to devastate.
In "Economic Consequences" he did write,
The hidden dangers of inflation’s might.
A fabric torn, society in shreds,
The value of currency hangs by threads.
He foresaw the chaos governments would face,
Trying to control prices, losing the race.
Laws enforced to fix the cost,
Yet true value, forever lost.
Prophetic words from the end of a war,
Showed how inflation could ravage more.
Across borders, trade would strain,
Currency crises causing pain.
The German trader, cautious and wise,
Facing value’s volatile guise.
His plight, a tale oft repeated,
In markets where stability’s defeated.
The baht’s devaluation, a spark in the east,
Unleashing contagion, a financial beast.
Keynes’ insights, timeless and clear,
Warn of the dangers we still hold dear.
For in the dance of floating exchange,
Prices and value rearrange.
A world where trust can quickly fade,
In the gamble where fortunes are made.
Keynes knew well the fragile state,
Of economies pushed to inflate.
His wisdom, a guiding light,
In understanding inflation’s blight.
So let his words echo through time,
A warning woven in rhythmic rhyme.
Inflation's specter, we must heed,
For prosperity, it can impede. RC