The Fed's Milkshake Brings All the Foreigners to the Yard
Brent Johnson of Santiago Capital created the "do…
March 1, 20241h 9m
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Show Notes
Brent Johnson of Santiago Capital created the "dollar milkshake" theory, which says that in a global sovereign debt crisis, the USD, gold, and US stock market will all rise. He joins Bob for a friendly disagreement over the dynamics of a decline in foreign demand to hold USD.
The ZeroHedge Debate: https://Mises.org/HAP437a
Bob's Post-Game Analysis of the Debate: https://Mises.org/HAP437b
Brent Johnson Explains The Dollar Milkshake Theory: https://Mises.org/HAP437c
Bob's Article, 'What Does "Debt-Based" Money Imply for Interest Payments?': https://Mises.org/HAP437d