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$80 Trillion in Shadow Banking - FedWatch 122

Bitcoin Magazine Podcast

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The Dollar Milkshake Theory

Frosty Flank: The dollar's strength in this environment forces all other fiat currencies, which only have any meaning relative to the US dollar. He says that if we enter this world where the dollar starts to become almost a global currency without competitor, then others will get pinched or squeezed as well. And so I'm not saying I have any special insight that I know dollar wrecking ball is coming, Dollar milkshake is coming," he said. "The shadow banking system has been here for many decades and continues to grow"

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