Brent Johnson - The Milkshake Explains It All #4284


Manage episode 230538744 series 1401217
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Brent Johnson, CEO of Santiago Capital, has come up with a unifying theory of what's been going on in the financial world for the past decade. It's called the Milkshake Theory. As Brent explains it, central banks responded to the 2008-09 Crash with unlimited liquidity to keep the world afloat. Unfortunately, once the toothpaste is out of the tube, there's no way to get it back in. And all sorts of unintended consequences happen. Art and real estate prices soar, consumer prices stay low and gold gets crushed because the stock market takes off for the moon. And how about Bitcoin? You see what he's getting at. And there's lots more ahead.

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