/biz/ - Business & Finance

>>19330556
It's really a dumb name and the guy that made it is an idiot. Brace for temporary deflation but if you're not prepping for hyper inflation prepare to get left behind

>>19330556
And you’ve got 10 minutes to convince us you ARENT one of the worlds most revered faglords

>>19330556
That milkshake looks delightful. I like strawberry milkshakes

i like milkshakes

>>19330669
Strawberry #1

>>19330556
What is an a milkshake theory

>>19330556
Why are so many of you fags on this board betting on the globalists and Jewish elite to win, please kill yourselves.

>>19330649
I cant deny that I'm the worlds most revered faglord. You got 10 minutes to hide cuz i'm coming to pound your tight smelly asshole

>>19330608
>guy that made it is an idiot
His bank account says otherwise.

>>19330727
Here ya go newfag
https://www.youtube.com/watch?v=vDr3lRZ01Zo

>>19330556
ik weet wie je bent

>>19330669
>>19330685
>>19330703
>>19330727
fucken based

>>19330788
Kanker

>>19330784
>His bank account says otherwise.
A lot of rich people disagree with him so maybe he just made money gambling in a certain paradigm

>>19330733
I'm not betting on it, I just want to see as many arguments as possible before I draw a definitive conclusion

damn right
its better than yours
i can teach you
butter half too charge

>>19331306
Consider that Brent Johnson might be right, but at the same time he could be wrong about the time frame.
With the NIIP of the US at negatives, if anyone in the world was really pressured by an expensive dollar they could dump all their US assets for dollars. Then its just a question of how quickly can they de-dollarize? For all the talk about how integral the dollar is to various intl trade and funding mechanisms, I've yet to hear anyone explain why China can't sell Russia steel priced in Yuan or Russia can't sell China natural gas priced in Rubles.

>>19331376
I'm saying the de-dollarization could happen in a matter of a few weeks. Then dollar bulls end up holding the bag.

>>19330556
QT is clearly dead, the FED is going full QE stimulus and injecting trillions of dollars into the money supply, cut reserve reqs for banks to 0 and are now straight up buying equities. This kills the dollar milkshake theory, yes if other central banks print faster than the FED, the dollar will remain relatively strong against those assets. But we have seen the FED printing far more than other individual countries. Pre Coronavirus I would’ve said it holds weight, not anymore. The entire world is headed to massive stimulus, negative IR. The USD is no exception.

I predict asset/equity prices to continue to skyrocket. The poor will become poorer than they have ever been.

The milkshake theory is bullshit. All currencies will loose value, only the US dollar is losing purchasing power at the slowest rate. Even Johnson admits the end game is hyperinflation. Deflation might last a year or two but hyperinflation is inevitable. Either way, don't look for the gold price to fall anytime soon.

>>19330556
His theory that the world failed in getting other currencies to rival de dollar is wrong.
The Euro in my view ended up being a success.
And Bitcoin is also up there.

Sure. Dollar is still king. But to say other currencies failed...
For me the Euro was a success in that it is today, the biggest bond keeping EU together.

I don't even think it is about the petrodollar.
For me the dollar strength is in the financial institutions that everyone end up using.
The US stock market, for example, is so powerful and convenient that you just have to use it.
When you capture the retail side of investing, you have the culture.

>>19330556
Not again a thread on brent johnson's advertisement thesis to buy one of his silly short funds. The theory is a funny mixture of economic half-truths mercilessly mixed together, and even taken wrong assumptions out of it (eg China doing bad with rising dollar, despite being US largest debt holder)

Johnson's plan is to climb to the tallest mast of a sinking ship. Instead of getting off the god damn boat.

>>19330556
why do you care about USD when you could just 10x in a very short timeframe with low market cap shitcoins

why it will 10x explained here

>>19331787
>>19331787

Id like to use one of my lifelines

>>19331376
This exactly. He didn't get the mechanisms completely wrong, but the timeline is bullshit. And also other countries would do anything to decouple from usd as world currency if sth like this scenario showed up (and they did in the past, read about the currency baskets that were designed to replace the petrodollars). Market members react to developments.

>>19332135
Lol fuck off cryptoshill, this is one of the few threads in here where intelligent people try to exchange arguments about real investing

You can put a straw in my asshole and drink my special chocolate milkshake recipe.

>>19332121
Did peter schiff say that or did you perfectly imitate his use of metaphores?

>>19330556
shouldn't the theory have to prove that it's correct

His idea is that people need debt so they will push up the price of the dollar compared to domestic currencies. That makes sense but it doesn't mean there will be additional demand for US assets, the fed injecting liquidity and being able to sell them off introduces too much risk so they will likely sit on the cash.

>>19330608
well fren, people said literally the same thing in 2009 crisis.
where they were wrong, and you are now, is we had both simultaneously.
that is, we had massive deflationary pressures AND multiple 4x-5x inflation of key asset prices. As confusing and hard to fathom, that is what happen and we are likely to see very similar result now.

>>19332241

It was just a picture that came to mind when I was listening to him and Schiff argue. Brent said it himself, the idea is to get into the strongest of the tanking currencies. One thing I've never heard him mention is his exit plan, I don't even think he has one

>>19332304
But if global demand for the dollar reverses, how will they be able to stop the momentum?

>>19332262
Yes, but by then it's too late to buy dollars and dump foreign stocks

>>19332304
We have had inflation. CPI changes the basket of goods based on the proportion people spend on certain goods. The problem with that is that the change in proportion of spending is itself caused by changes in prices.

>>19332426
based

>>19330556
show the milkies used to provide that milkshake please fren.

>>19332933
It's bizarre how much fake statistics can impact the real economy. Imagine what would have happened if people priced in 5-10% inflation during the last 30 years

>>19330556
If you have a milkshake, and I have a milkshake, and I have a straw--there it is, that's the straw, see? Watch it. And my straw reaches acroooooooss the room and starts to drink your milkshake...
I
drink
your
MILKSHAKE
SLLUUUUUURRRRRP
I DRINK IT UP!

>>19330556
*oink oink*

>>19333598
Extremely based