Supply Shock The Dark Side of a Strong US Dollar | Brent Johnson & Lawrence Lepard
On today's episode of "On the Margin", Lawrence Lepard and Brent Johnson join Mike to discuss the dark side of a strong US dollar.
We start with an overview of the US Dollar's role as the global reserve currency and how the dollar system is causing many of the problems we have today. Can the US dollar maintain its reserve status or are things falling apart?
Then, Lawrence and Brent explain how a strong US dollar is causing weakness throughout the global economy - abroad and at home. Brent shares his short to medium-term outlook based on his Milkshake Theory, and Lawrence counters with his position that the dollar will unravel at an accelerated pace.
We close with a discussion on how the Fed will act next. You don't want to miss this one!
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(00:00) Introduction
(00:47) The Dollar's Role As The World's Reserve Currency
(05:03) The Dangerous Effects of a Rising Dollar
(11:58) The Dollar is a Geopolitical Tool
(22:46) The Price the US Pays For a Rising Dollar
(27:32) The Dollars' Fate
(32:20) Why Relative Currency Value Matters
(36:56) Opposing the US Empire
(44:51) How Will the Fed Get Out Of This Mess?
(48:23) Will the Dollar Implode Slowly Or Suddenly?
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.