The Dollar To Get Even Stronger? Brent Johnson's Latest Update On The Dollar Milkshake Theory
Wealthion - Be Financially Resilient
00:00
The Dollar Milkshake Theory Is the Framework by Which the Global Currency in SUD Crisis Plays Out
"The dollar milkshay theory is the framework by which i see a sovereign debt crisis playing out," he says. "I got this name from a movie called there will be blood, where an oil baron talks with another guy about buying land next to him and they both drink milk shakes of each other's bad debts" The world has used extraordinary monetary policies over the last 15 years 'to paper over all the bad debts that were out there' He thinks global capital will find its way into the U.S. dollar as it remains in better shape on a relative basis than the rest of the world.
Play episode from 02:20
Transcript
