21. S01:E16 – U.S. Dollar Death Threat and the Q1 Review

  SEASON 01 – EPISODE 16 Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page U.S. DOLLAR DEATH THREAT AND THE Q1 REVIEW The first quarter is in the books, so the Milkshake Duo look back at the core themes they discussed in the first months of 2023. One of the most maddening for Brent, not just during this year but ever since he created the “Dollar Milkshake Theory”, has been the relentless claims the end of US Dollar hegemony is at our doorstep. This clickbait bandwagon narrative really picked up this week, and Brent made sure to address the unwavering attacks in this episode. Are we about to witness the final battle for the reserve currency? Tune in to find out on the latest Milkshakes, Markets, and Madness Show. https://youtu.be/sj9SlOwCz8Q —————– CHAPTERS —————– 00:00 – Disclaimer 00:23 – Video intro (Short) 00:49 – About Us 01:18 – Q1 themes 02:00 – At look at Violently Sideways 04:24 – The shackles of certainty 07:06 – Skeptics vs. Contrarians 10:31 – Where’s Waldo (Brent)? 11:36 – The easy money has been made, sell in May and fight The Fed another day 15:37 – Know-it-alls, bullies, and playing poker with dry powder 19:44 – Clickbait bias and going all-in 23:37 – Breaking the bad news to Brent … that the dollar is doomed 26:16 – Go BRIC, go broke 28:32 – “The Politics” of Dedollarization 31:19 – The Q1 recap, recap 32:12 – The death defying dollar (inevitable is not imminent) 34:20 – Salutations 35:10 – Outro / Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all. —————————— JOIN THE MADNESS —————————— Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there! Join us each week for another episode, released every Saturday morning Eastern Standar...

Om Podcasten

The Dollar Milkshake Theory, an idea created by Brent Johnson of Santiago Capital to explain the role of the US Dollar in the global monetary system, is a reference to the infamous milkshake scene in the movie “There Will Be Blood”. The clever narrative, like all good tales, has taken on a life of its own, and just like the movie from which it credits its name, the “theory” has also attracted its share of haters. Brent takes it all in stride and finds humor in the drama. Particularly that which occurs on Twitter, where he is a well-known antagonist and where most financial debates congregate nowadays. So, Brent and his friend Jon Kutsmeda decided to share some of the social madness on a weekly show, while bringing some much needed perspective to the financial debate.