what is the meaning of this song It's a strange world that we live in Master Jack?

Question

here are the words

It's a strange, strange world we live in, Master Jack.
You taught me all I know and I never look back.
It's a very strange world and I thank you, Master Jack.

You took a current ribbon from out of the sky,
and taught me how to use it as the years went by.
To tie up all your problems and make them believe.
And then to sell them to the people in the street.

It's a strange, strange world we live in, Master Jack.
You taught me all I know and I never look back.
It's a very strange world and I thank you, Master Jack.

I saw right thru the way you started teaching me now.
So someday soon you could get to use me somehow.
I thank you very much you know you've been very kind.
But, I'd better move along before you change my mind

It's a strange, strange world we live in, Master Jack
No hard feelings if I never come back
It's a very strange world and I thank you, Master Jack

You taught me all the things the way you'd like 'em to be.
But I'd like to see if better people agree.
It's all very interesting the way you disguise.
But I'd like to see the world thru my own eyes.

It's a strange, strange world we live in, Master Jack.
No hard feelings if I never come back
You're a very strange man and I thank you, Master Jack.
You're a very strange man and I thank you, Master Jack.
You're a very strange man, aren't you, Master Jack?

Answer 1

Four Jacks and a Jill - Master Jack