Update on the Dollar Milkshake w/ Brent Johnson (TIP397)

[@TheInvestorsPodcastNetwork]

I absolutely loved this discussion with Brent Johnson. Enjoy! - Trey Hey guys, what are your key takeaways from this episode? IMPORTANT: We would like to remind the TIP Community to beware of cyber scams & phishing attacks. We have received reports of fake accounts claiming to be affiliated with The Investor’s Podcast Network or posing as one of our hosts. Please help us report those suspicious accounts. We will never reach out to you for any business or investment opportunity. Stay vigilant!

[@mixedbagclips2511]

I had to check the date of video because he is describing exactly what is happening right now! Wow..

[@taylorcollins1646]

Love Brent Johnson’s commentary

[@prashantupadhye1157]

Brent you are ‘probably’ only portfolio manager who can see what’s happening on macro level, you have pragmatic approach. I agree to your suggestion/recommendation diversify (RE/Stocks/Precious Metals/Crypto) Your conviction, confidence and courage to stick to it is contagious.

[@mahdi5796]

Brent is one of my favourite guests. Thanks

[@BatmanBoss]

Brent is awesome thanks

[@prashantbagdia3355]

Exactly what is happening right now! This guy is a giga chad

[@choski76]

Brent Johnson is clairvoyant

[@johngrear6506]

He would have been right if he called it the Bitcoin milkshake theory :-)

[@DeHuGaming]

Hmmmmmmm.............

[@giuseppeo77]

I'm starting to see the video and where is the link to the video you mentioned at 1:10?

[@pyorba]

So, I need to read more, but it seems like there could be a dollar short squeeze and and ‘upwind’ to dollar valuation almost like there would be a credit unwind when credit takes a hit?

[@martinlutherkingjr.5582]

When was this recorded?

[@allencoffland1685]

at time of recording he said DXY was at 95, so the date of recording should be the same as listed for the youtube video.

[@trader8CTA]

Its honestly the first time I've understood that the "milkshake" hypothesis isn't primarily intended as a way to make profit, but a way to insure again worst case outcomes - sorry Brent (should you happen to see this comment?)

[@ABC93224]

Appreciate the comments on the true reality of government fiat. As long as it maintains the ability and legitimacy to inflict violence, the US govt will ensure dollar supremacy.

[@Alex-xu4cv]

Great interview

[@cryptoniteclark]

Interesting theory, but it displays a fundamental misunderstanding of the free-floating fiat currency system, since the Gold Standard and dollar-peg were abandoned. Nations that have a sovereign currency (US, UK etc) can never default on their debt, because the Government has a monopoly on the money supply (and it can print money to pay off that debt). It's true, however, that those that have surrendered control of their currency (Eurozone members, El Salvador etc) can indeed default. Who do we owe that debt to? The Chinese? Nope! National debt accumulates when the Government runs a budget deficit. That money goes to all of us. We benefit from it, and it's why the markets boomed since covid after the massive amounts of stimulus, because stimulus is how the budget deficit is transferred to the economy. It's also how we have historic levels of personal savings and very low personal debt service burden. Debt is effectively currency that has yet to be taxed. When it's taxed, there is the opportunity to remove it from supply. Is the debt unsustainable? People will point to the big number going up on the debt clock website. What they usually don't do is scroll down to the bottom to see the total assets, which is a much bigger number. However, it's important that increases in money supply are invested into real assets that make the nation stronger, so it will be able to out-compete other nations in the long term (eg energy security, food security, education, transport, infrastructure etc). Helicopter money may not have done that, although it may arguably have preserved what could have been irrecoverably lost. But surely high increases in money supply will inevitably lead to hyperinflation? That's too lengthy to explain here, but it's a fallacy when talking about a properly-functioning economy with low levels of corruption with laws that prevent monopolies. Zimbabwe and Weimar are both highly flawed examples.

[@konreww]

We already lost confidence in the money. And who’s going to audit all of this “gold”. The empty vaults won’t help. Bitcoin is real money and the network effect has already taken over.

[@omarkhalid7822]

Did he say yuan will go up to 150 ?

[@zqflute3676]

JPY

[@johngrear6506]

Could somebody please tell Brent we don't have free markets anymore.

[@DR-wi9xg]

Answer, print more, raise rates lol.

[@mikefatah]

Hello from March 12, 2022!😳

[@TheInvestorsPodcastNetwork]

Hello! :)

[@MetalBum]

Bitcoin solves a lot of this. As a hedge. Insurance.

[@JinKee]

holy shit it is happening

[@nishensemble]

Brent was being pilloried by multiple people at the end of 2020, with almost every analyst that I saw voting that the Dollar would decrease in value in 2021. Those very people might want to check what DXY has done since the beginning of 2021.

[@bartonsky]

Would love to see another debate w peter schiff. His ranting gets so old and annoying. Whenever it goes against schiff he sayd teh collapse will happen later, always later.

[@morongovalley940]

Brent can't afford a microphone?