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The Dollar Milkshake Theory: A Global Currency Crisis
FromRich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
The Dollar Milkshake Theory: A Global Currency Crisis
FromRich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
ratings:
Length:
38 minutes
Released:
Jun 1, 2020
Format:
Podcast episode
Description
Central banks have created a “milkshake” of different currencies and pushed liquidity into the global economy. As of 2016, the US started raising rates while the rest of the world was “mixing” the milkshake. As a result, raising rates acts as a straw that sucks the capital into the United States.
So what is the outlook in the post-coronavirus economy? Brent Johnson, CEO of Santiago Capital, explains the “Dollar Milkshake Theory,” what impact the strong dollar will have on gold and Bitcoin, and why comparisons of currency strength are all relative. In addition, he explains that a strong dollar is good for the U.S., however, the global economy is not meant to support a strong dollar and could mean we will see a “reset” of currency.
Listen as hosts Robert and Kim Kiyosaki and guest Brent Johnson discuss what assets will perform in 2020 and how you can prepare for the future.
Website: http://santiagocapital.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
So what is the outlook in the post-coronavirus economy? Brent Johnson, CEO of Santiago Capital, explains the “Dollar Milkshake Theory,” what impact the strong dollar will have on gold and Bitcoin, and why comparisons of currency strength are all relative. In addition, he explains that a strong dollar is good for the U.S., however, the global economy is not meant to support a strong dollar and could mean we will see a “reset” of currency.
Listen as hosts Robert and Kim Kiyosaki and guest Brent Johnson discuss what assets will perform in 2020 and how you can prepare for the future.
Website: http://santiagocapital.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jun 1, 2020
Format:
Podcast episode
Titles in the series (100)
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