The Human Action Podcast

The Fed’s Milkshake Brings All the Foreigners to the Yard

Human Action Podcast
Robert P. Murphy Brent Johnson

Brent Johnson of Santiago Capital created the “dollar milkshake” theory, which says that in a global sovereign debt crisis, the USD, gold, and US stock market will all rise. He joins Bob for a friendly disagreement over the dynamics of a decline in foreign demand to hold USD.

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