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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 2183: Dollar Milkshake or Bust: Is the US Currency Doomed or Destined for Greatness? with Brent Johnson
Description: Jason welcomes you from Salzburg, Austria, discussing the recent tragic events in the U.S., the media's coverage, and new home sales. He criticizes the misleading nature of news about declining home prices, explaining that homebuilders are constructing smaller, cheaper homes to address affordability issues. The Dollar Milkshake Theory, proposed by Brent Johnson of Santiago Capital, predicts a surge in the US dollar's value compared to other currencies. This is due to the US's strong financial system, deep markets, and the dominance of the dollar in global transactions, like oil purchases. When a global debt crisis strikes, co...