dollar milkshake

The Power of the Dollar

It can lift markets or destroy entire countries.

Here's why the dollar still rules the world... and how it could all break.

When USD was linked to Gold Triffins Dilemma fell on the US.

Removing link to Gold (then getting Oil backing) flipped the Dilemma to fall on Rest of World.

That Euro$ are still convertable to USD at Par is last link.

Stablecoins "could" be a step toward ending that.

Santiago Capital

@SantiagoAuFund

·

15h

almost as if the US sucked up all the money the central banks of the world printed

You'd think after being wrong about the Milkshake and saying it was over 6 years ago, only to have it play out over the following 6 years, you'd think he'd stop talking about it so much

@GeorgeGammon

If anyone out there thinks they can prove me wrong with regard to this I would love to hear it

Santiago Capital

@SantiagoAuFund

·

Jun 27

For those expecting DXY to fall into 80s be careful what you wish for.

The amount of $ credit that would need to be extended to get it there would be fuel (deferred demand) to then take it back to all time highs.

Unders... See more

Very very strange.

More people overseas are buying gold than Americans are buying gold. And those foreigners are not buying it bc they think Powell & Trump are morons & the dollar is toast. They’re buying it bc they have their own idiot politicians and sh*tty currencies to deal with.

another shocking development...

In a fiat system, National Debt is a reflection of a Gov spending its own money & not taxing all of it back. It doesn’t have to work this way but it does work this way. I know many of you hate this idea. And that’s ok. But dont let hating it keep you from understanding it.