dollar milkshake

another shocking development...

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

Renaud Adorno

@RenaudAdorno

·

54m

Fantastic interview with @SantiagoAuFund

We discussed China, Tariffs, MMT, and of course, lots of milkshakes

Full video link below

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.

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.

Very very strange.

Santiago Capital

@SantiagoAuFund

·

15h

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

The US dollar has strengthened relative to its main fiat counterparts since July, as the world finally realizes that the biggest sovereign debt problems are in the UK, euro area (France in particular) and Japan.

Many people talk about current debt and deficit but ignore the bulk of the iceberg is in the massive committed unfunded liabilities of the... See more

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.