So much truth about human nature there.
So sad the pursuit of the Precious; its glow blinds and enraptures men, much like the succubus.
Juxtapose this against Dickens' A Christmas Carol.
"What's so funny about peace, love, and understanding?"
It IS funny: they are conscious constructed ideals that mostly go against the survival instinct of humans.
Yet, their very construction and the intellect that constructed them is hope.
" 'Cause its a dog eat dog"
Those base instincts exploited by the Precious.
And wtf, who uses a Liquid as currency?
Maybe to illustrate it's elusiveness, as you cannot grasp it?