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Podcast: The Julia La Roche Show
Episode: #022 Brent Johnson On The "Dollar Milkshake" Theory And Why A Currency Crisis Is Ahead
Description: Brent Johnson, the CEO of Puerto Rico-based wealth management firm Santiago Capital and the creator of the Dollar Milkshake Theory, joins Julia on episode 22.
Brent’s view is that we’re heading for a currency crisis. The Dollar Milkshake Theory is a framework Brent developed to explain how a sovereign debt and currency crisis might play out. He explained how the world was flooded with liquidity thanks to extraordinary monetary policies following the Global Financial Crisis. The Dollar Milkshake is a simplified way to demonstrate how capital — all of the liquidity that makes up the “milkshake” — would flee the rest...