LONDON, England - Brown called me to his office to release to me an exclusive story about the Pound. Brown felt that the Pound was in danger of being devalued by the emerging acmetal (ACME) world fiat currency, backed only by the IMF and the U.N., two powerless bodies, now that the U.S. is bankrupt and can no longer act as the U.N. police force.
The crux of what he told me is that there will be a contest to reestablish the Pound as being defined as a pound of something. It can't be silver, that is way to expensive. Gold, that is out of the question.
Brown wants it to be something that we have a lot of in England, something not so plentiful in other countries. Opium is off the list. We tried that; remember the Opium Wars? Not so nice.
So if you have ideas, please email them to Mr. Brown, or phone them in to the following international number, especially set up for the purpose:
011-how-now-brown-cow and let them know what you have pounds of.
If we get a winner, it will be announced in a special follow up story next week.