The Geopolitical Implications of a Too-Strong Dollar, Feat. Brent Johnson

<p><span style="font-weight: 400;">You know the meme: Money printer go brrr. It means inflation right? </span></p> <p><span style="font-weight: 400;">Not necessarily, says Brent Johnson. Since 2016-2017, Johnson has been arguing the big economic issue of our time isn’t inflation of the U.S. dollar due to excess money printing, but the havoc caused by a global system where the dollar keeps getting stronger and sucks up liquidity from the rest of the world. </span></p> <p><span style="font-weight: 400;">As the dollar has strengthened over the COVID-19 crisis, his ideas look more prescient than ever. In this conversation with NLW, Johnson discusses:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">What the “Dollar Milkshake Theory” is </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the implications of the theory stress him out, even though he created it</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why everything is relative and no asset can be analyzed in a vacuum </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why we could see the dollar,</span> <a href= "https://www.coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoin</span></a> <span style= "font-weight: 400;">and gold rise at the same time </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why we can’t discuss macroeconomics without discussing geopolitics and even the military</span></li> </ul>