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Currency Wars: Lining Up the Dollar Dominoes (w/ Brent Johnson and Lyn Alden) 

Real Vision
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Brent Johnson, CEO of Santiago Capital, joins Lyn Alden of Lyn Alden Investment Strategy for an in-depth discussion on the fate of the world's most important currency: the U.S. dollar. Johnson gives a strategic update on his "Dollar Milkshake" thesis and explains his bullish long-term view of the dollar, based on the outstanding glut of dollar-denominated debt. Alden considers this analysis and introduces a less bullish view, which she bases on the U.S.'s high trade deficit and negative net international investment position (NIIP). Using many detailed charts, Alden and Johnson compare their ideas and reach something of a synthesis between their two views. The pair also reflect on the dollar's status as the world's reserve currency, and they also explore whether a move to a multipolar currency world is possible. Filmed on June 16, 2020.
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Currency Wars: Lining Up the Dollar Dominoes (w/ Brent Johnson and Lyn Alden)
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30 сен 2024

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Комментарии : 504   
@RealVisionFinance
@RealVisionFinance 4 года назад
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@michaels4255
@michaels4255 4 года назад
Let's imagine an alternate world that consists of the USA and 10 other nations with floating exchange rates. To keep the math simple, let us imagine the current exchange rates to the USD are all 1:1. The other countries increase their currency supply 10% each and swap the newly printed currency for USD's. But to do this the USA has to increase its currency supply by 100%. That may not matter so long as foreign demand for the USD remains strong, but what happens in the future if foreign demand for the USD weakens?
@StuartFerguson55
@StuartFerguson55 4 года назад
Brent Johnson, CEO of Santiago Capital, and ski instructor at your local resort.
@ra803g6
@ra803g6 4 года назад
Affirmative action at its best. Transsexuals Sony make your content better real vision. Get woke, go broke.
@jcantonelli1
@jcantonelli1 4 года назад
@@ra803g6 Huh?
@jcantonelli1
@jcantonelli1 4 года назад
Haha, I was wondering about that vest as well - is it cold in San Fran right now?
@tcorourke2007
@tcorourke2007 4 года назад
At least he's not in his bathrobe again.
@jeffreygoss8109
@jeffreygoss8109 4 года назад
tcorourke2007 haha! I actually said the same exact thing when I first turned it on
@peterwright9934
@peterwright9934 4 года назад
Lyn is the absolute rockstar of these talks. She can extemporise clear answers to just about any questions and also sees the bigger picture, eg, the possibility social unrest.
@bo840
@bo840 4 года назад
upvote for "extemporise". BTW, Google says you're British.
@peterwright9934
@peterwright9934 4 года назад
@@bo840 Australian
@terrorbear7
@terrorbear7 4 года назад
@@peterwright9934 Same thing. We own you.
@COMARto
@COMARto 4 года назад
Is she trans?
@billytheweasel
@billytheweasel 4 года назад
Like Ray Dalio is trying to alert us to.
@culluc43
@culluc43 4 года назад
Lyn is too very diplomatic for not crushing his Milk Shake theory right there in his face. But i don't even think Brett would get it. This lady is too brilliant.
@LAWSON08
@LAWSON08 4 года назад
In the long run, Triffin Dilemma > Milkshake theory. And it isn't going to be close. Lyn fully understands the Triffin Dilemma. Brent is very short-sighted vs. her long-term view.
@enderwiggin8947
@enderwiggin8947 4 года назад
You simp
@my2centz487
@my2centz487 4 года назад
🤣🤣🤣
@ableasdale2000
@ableasdale2000 4 года назад
I enjoyed this interview a lot.
@wilsonsy5237
@wilsonsy5237 4 года назад
Brent Johnson is so confused that he doesn't understand Lyn Alden's lesson. You don't need US dollar reserves if you run a trade surplus (or a current account surplus). Reserves come from the accumulation of surpluses!
@bigcjm
@bigcjm 4 года назад
I like the engagement. You look down the comment section and people are caught up in being right or wrong. This is just a chance to have brilliant people discuss this topic with 2 views. You can learn a lot from both. Reality is this isn't the type conversation you overhear at starbucks. This is more like back patio talk you never hear.
@workwillfreeyou
@workwillfreeyou 4 года назад
The U.S. Dollar may be going higher by some measures but I just paid $10.12 for a Subway sandwich. That's a OK sandwich with no drink, fries or side! That's super high inflation.
@David-on9mk
@David-on9mk 4 года назад
I got a spicy Italian with cookies and a drink today -$10. where do you live and what kind of sub did you buy?
@WrvrUgoThrUR
@WrvrUgoThrUR 4 года назад
Potato chips $4 a bag too.
@billspencer8540
@billspencer8540 4 года назад
This stinking Ponzi Dollar is finished.
@henrytep8884
@henrytep8884 4 года назад
There's a five dollar menu....
@eddiejin9211
@eddiejin9211 4 года назад
BOOM nailed it
@AtheosNous
@AtheosNous 4 года назад
To me, Lyn is more convincing than Brent in this quickly changing world.
@ioannislazaridis4887
@ioannislazaridis4887 4 года назад
ELLINAS ISE ?
@carlosorellana5154
@carlosorellana5154 4 года назад
Brent: you need to stop interupting before the lady completes her thought.
@Iwanttobeabilllionaire
@Iwanttobeabilllionaire 4 года назад
"i cannot figure out- therefore it will never happen" brent johnson
@Rhcpbedders
@Rhcpbedders 4 года назад
Lyn wins
@ableasdale2000
@ableasdale2000 4 года назад
It looked to me like an interview, not a debate.
@matello18
@matello18 4 года назад
It's like a student pitching his ideas to the prof looking for validation and gets none.
@bozolito108
@bozolito108 4 года назад
Lyn understands and can explain these topics better than ANYBODY out there and I listen to many.
@suckers0
@suckers0 4 года назад
I'm also a fan of Lyn Alden's articles/broadcasts but well worth looking up Grant Williams e.g. his videos 'Cry Wolf' and 'Nobody Cares'
@mr.bullion6786
@mr.bullion6786 4 года назад
Agree, Lyn is great but there is one more on RU-vid, Fed observer.
@bradvincent2586
@bradvincent2586 4 года назад
So glad I just found her!
@johngrear6506
@johngrear6506 4 года назад
The milkshake is looking shaky.
@ableasdale2000
@ableasdale2000 4 года назад
The game isn't over, but it's looking like the Fed will do anything to keep the dollar down.
@dboyz31
@dboyz31 4 года назад
Still lookin shaky ?
@Adam-ie8ed
@Adam-ie8ed 3 года назад
will see about that in april
@vm-bz1cd
@vm-bz1cd 4 года назад
Lyn is stunningly brilliant and articulate... we are seeing the emergence of an economics/investing super star👏
@endeavorwebs719
@endeavorwebs719 4 года назад
Brent was looking for support for his milkshake and got none. Perhaps the biggest surprise of the century will be if the dollar bottom runs out.
@orpheusepiphanes2797
@orpheusepiphanes2797 4 года назад
No he wasnt. She is well known to take another side of the argument
@malkeri2107
@malkeri2107 4 года назад
@@orpheusepiphanes2797 I agree with you. Real vision have done a great job getting these two together to debate the dollar. 👍 Great job to both Brent and Lyn for a classy discussion.
@JG-cu5xu
@JG-cu5xu 4 года назад
I agree. Both of them are super smart, but I think she made Brent think hard about some potential cracks in his dollar milkshake theory.
@gecn9685
@gecn9685 4 года назад
Lyn alden is on a completely different level
@moviehipster
@moviehipster 4 года назад
The only person understanding you two... is Lord Gammon, The Macro Interpreter. Seriously, he should be running commentary for you, pausing you, telling us what you said, and why we care. Your viewership will double.
@cameronalexander359
@cameronalexander359 4 года назад
Even the graphs were unintelligible. I mean 3d triangles!? Seriously?
@csavory
@csavory 4 года назад
Lyn is my absolute favourite person to hear talk about investing. Brent is great too :D
@artofverity8791
@artofverity8791 4 года назад
listening to her talk gives me nerdgasms
@delbatchio
@delbatchio 4 года назад
Lyn is so much smarter than him
@adama7752
@adama7752 4 года назад
28:00 Dude: But those other countries will print their currency to swap with ours... Lyn: We print the currency we are swapping and then some. Dude: surprised pikachu face.
@delbatchio
@delbatchio 4 года назад
@@adama7752 he's too in love with his own theory. Peter Schiff is about to ream this guy. Lol
@johngrear6506
@johngrear6506 4 года назад
That doesn't say much. She's smarter than EVERYONE!
@Learner4FunLifePersona
@Learner4FunLifePersona 4 года назад
Lyn is smarter than most people
@Lerppunen
@Lerppunen 4 года назад
Michael Johnston Peter Schiff is even more dogmatic than Brent even though I think Peter is more right concerning the dollar and most other stuff.
@ruim8590
@ruim8590 4 года назад
brent needs to close some longs and buy gold coins for Peter. Lyn is very smart
@rsiow2
@rsiow2 4 года назад
Brent "For a lack of better word" Johnson
@jordanaraujo2579
@jordanaraujo2579 4 года назад
Brent "I don't want to put words in your mouth." Johnson.
@itsonlyafl3shwound
@itsonlyafl3shwound 4 года назад
peter schiff called and asked to get your gold coin ready for him 😂😂😂
@MRJDD63
@MRJDD63 4 года назад
What a revelation , Since I learned to know Lyn : she can explain in such clear language, what others spit out. Very realistic analyses and predictions.
@michaelcottell6683
@michaelcottell6683 4 года назад
Two very professional operators! Congratulations to you both.
@tallswede80
@tallswede80 4 года назад
Dollar down, gold up. Brent is going to pay Peter another gold coin
@rof8200
@rof8200 4 года назад
Came here just to say the same thing. Lol
@John-wf5if
@John-wf5if 4 года назад
@@rof8200 Came here just to see that someone had posted it :)
@DolphLongedgreens
@DolphLongedgreens 4 года назад
Dollar milk-shake-shake brings all of the FX to the yard
@jordanaraujo2579
@jordanaraujo2579 4 года назад
Wow. You went there eh. I was wondering when I would see something along these lines. It's finally happened.
@jondoe9718
@jondoe9718 4 года назад
Lyn is an absolute genius. She explains it so well.
@Sander-bx9lh
@Sander-bx9lh 4 года назад
Wow lyn is amazing. Lyn should do a debate with schiff.
@joshuajames2425
@joshuajames2425 4 года назад
Schiff wouldn't touch that w a 10 ft pole
@markkeown9532
@markkeown9532 4 года назад
Brent, Ask your guest a question - we are watching this to hear her not so much you. Well Don't put words in her mouth then.
@Project2013B
@Project2013B 4 года назад
Brent picking up a chick at a bar: So for lack of a better word, can we make mattress music?
@AndersHasleNielsen
@AndersHasleNielsen 4 года назад
How can any dislike this conversation? The thoughts and data they present are amazing. Great they finally got together in this video. Thank you for this content
@ra803g6
@ra803g6 4 года назад
It's probably because she's a transexual
@joshuajames2425
@joshuajames2425 4 года назад
Well if thats true wich I'm not buying she's a hot trans
@michaelmorris3884
@michaelmorris3884 4 года назад
Brent Talked to much. Lyn has exceptional knowledge and perspective on what is happening. It would have been nice to hear more from Lyn and her perspective!
@ggrthemostgodless8713
@ggrthemostgodless8713 4 года назад
I bet you everyone will start to invite her to their shows... very smart and well explained answers.
@malthus101
@malthus101 4 года назад
"For lack of a better word, I don't want to put words in your mouth."
@Ladiesandgentlemen121
@Ladiesandgentlemen121 4 года назад
Notice how she mirrors those two lines back at him in the conversation? She's sharp.
@gre6821
@gre6821 4 года назад
These people are brilliant. I realy enjoyed this conversation. I do not understand everything but I am learning. For me Gold, certain US stocks and the Dollar. I live in Europe.
@ludwigvonmises1
@ludwigvonmises1 4 года назад
I usually like Brent but he was a bit prickly with Lyn who frankly is brilliant. Maybe it's just me but I think Lyn deserves better than what Brent gave
@malthus101
@malthus101 4 года назад
It's just you. You misread the situation.
@cali4916
@cali4916 3 года назад
Does anyone else find him condescending? He cuts her off and answers his own questions. His conversation style is a bit combative. I hope turns that around.
@frankySR21
@frankySR21 4 года назад
Simps have made it even into financial discussions, I see
@jerryhunter5242
@jerryhunter5242 4 года назад
Min 34:20 Lyn says “ the US dollar is not inherently scarce. They can print as much as they want.” Wrong! Wrong ! When the conditions are tight, the private banks and repo markets will not lend leading to a shrinkage in Money supply. The US government has no control over this. No amount of increased primary dealer reserves will entice them to lend more. This is just one of many examples of how she gets it wrong.
@Lerppunen
@Lerppunen 4 года назад
Nothing prevents the government from supplying dollar liquidity to any party in need of it.
@jerryhunter5242
@jerryhunter5242 4 года назад
@Hirmuinen Trolli The fed so far has created bank reserves. It cannot provide direct liquidity to anyone in need. If the banks don’t lend their reserves, the Fed has provided no liquidity.
@Lerppunen
@Lerppunen 4 года назад
Jerry Hunter But the government can give money it anyone, and the Fed can create the money and lend (=give) it to the government.
@jerryhunter5242
@jerryhunter5242 4 года назад
@Hirmuinen Trolli none of that will help a very tight private banking system that will not lend. There is a reason 10 year treasury rate is at 0.5%. It indicates a shortage of dollars and deflation. The US dollar will inevitably turn around and rise.
@smb2265
@smb2265 4 года назад
One of the most interesting debates I've seen this year so far...great stuff guys
@brianmoran1196
@brianmoran1196 4 года назад
Lyn has a very listentoable voice.
@redpillcopinthephilippines9647
@redpillcopinthephilippines9647 4 года назад
Is she a dude?
@TOMinPDX
@TOMinPDX 4 года назад
Yup and has interesting things to say.
@ashthegreat1
@ashthegreat1 4 года назад
@ Winifred Fowler - Totally.... I don’t care either way. Lyn’s a dish.
@brianmoran1196
@brianmoran1196 4 года назад
@@redpillcopinthephilippines9647 Tut!....Lord, but you're fussy!
@gabrielvaladao5282
@gabrielvaladao5282 2 года назад
@@redpillcopinthephilippines9647 No. She's just a contralto.
@itsonlyafl3shwound
@itsonlyafl3shwound 4 года назад
peter schiff is milkshake drinking brents gold coins 😂😂😂 "i drink them up"
@waynemarriott9232
@waynemarriott9232 4 года назад
This was the best interview by 2 Brilliant financial minds that an everyday Joe like myself cant actually get to see and hear and understand that Real Vision has brought to the table for myself and others I cant Thank you enough for this content which otherwise I would never be able to afford to get this kind of research so again I want to Thank You Real Vision and everyone involved
@irvinmartin5789
@irvinmartin5789 4 года назад
Brent got killed
@badhabitz69
@badhabitz69 4 года назад
Lyn is hot......just saying....
@mickfitz76
@mickfitz76 4 года назад
She needs her hair done and teeth fixed.
@50pence59
@50pence59 4 года назад
He said he first came across her. 🤨
@tzett0011
@tzett0011 4 года назад
@@theaviator06 I really wonder if she was a male
@wefukthenwo
@wefukthenwo 4 года назад
she can sauce my bun any day. totally lush
@tonytocanova
@tonytocanova 4 года назад
theaviator06 hmmm yummy
@caleb2242
@caleb2242 4 года назад
So when is $800 gold like Brent said was coming? Why are we still listening to this joker
@caleb2242
@caleb2242 4 года назад
Actually...I’m right. Signing off this podcast
@StuartFerguson55
@StuartFerguson55 4 года назад
It's smart to listen to contrarian views.
@caleb2242
@caleb2242 4 года назад
Stuart Ferguson you would have got wrecked listening to his view
@caleb2242
@caleb2242 4 года назад
Stuart Ferguson the contrarian view was that gold was going to go up. Brent is a banker shill. Wall Street puppet
@StuartFerguson55
@StuartFerguson55 4 года назад
@@caleb2242 I don't think you are grasping my point. It doesn't matter who was right or wrong, or what you are even talking about for that matter. Take what you believe to be true. Now find someone, preferably a smart person, who doesn't agree with your view. Legitimately listen to what they have to say. If you still believe what you previously believed, then your view will be strengthened and you are more aware of the possibilities surrounding whatever the topic was.
@2butnot277
@2butnot277 4 года назад
Wonderful dialogue. I'm familiar with both base theories and current positions, so nothing said was new for me. But the far-sighted exchanges by two humble, economic thinkers, and doers, was very encouraging and refreshing. Thank you!
@nateo6806
@nateo6806 4 года назад
Epic Rap Battles of Poverty!
@monkeystacks9657
@monkeystacks9657 4 года назад
This "interview" could have been so much better if Brent didn't have to relate every question to his milkshake theory.
@jdavis9837
@jdavis9837 4 года назад
I don't think it's an interview. Normally the interviewer's name isn't listed in the description. Brent's is
@JenNy-bl5we
@JenNy-bl5we 4 года назад
IMO that's the whole point of Brent interviewing Lyn.. is to debate his theory with her. I think this interview is awesome. We get to see Lyn responds to Brent's theory and as they said it's all come down to whether the FED can print enough USD into the market. I'm on Lyn's side. The FED will flood the market with USD. UBI is coming soon!
@almor2445
@almor2445 4 года назад
Great talk both. It's refreshing to see people disagree with a smile as you said. More of this please.
@morrisfamily7707
@morrisfamily7707 4 года назад
Wow what a incredibly smart women... Humble to, welldone, obviously a genius child from birth. and she has social skills .. amazing.
@mikerudinsky
@mikerudinsky 4 года назад
For lack of a better word. I don't want to put words in your mouth.... Lyn's massive strength, in addition to her control theory mindset, is her ability explain complex areas. She does not require pre loading by Brent. I don't like milkshakes.
@samsonisir229
@samsonisir229 4 года назад
wow lyn and brent awesome video
@flyover9818
@flyover9818 4 года назад
Brent needs to take his Go USA blinkers off and be less parochial. Lyn is very convincing of her argument, Brent less so.
@luizgrocco
@luizgrocco 4 года назад
The biggest problem I see with Brentt right now is he isn’t being scientific. Instead of trying to find reasons why his theory might be wrong, he is trying to find more and more confirmation to his milkshake theory. That is a recipe to confirmation bias problems and being blind to possible pitfalls in his theory (which could be correct).
@daedalusjones3804
@daedalusjones3804 4 года назад
Constantly amazed at Lyn's wealth of information, understanding and knowledge.
@michalsavatar7
@michalsavatar7 4 года назад
I wonder if this guy paid Peter Schiff the gold coin he owes him after he lost the bet they made on interest rates. Seeing him be so smug and arrogant towards Peter Schiff was a huge turn off and considering the US dollar has now fallen for 5 straight weeks in a row and is on the way to free fall......anyone watching this should leave this interview and go listen to Peter Schiff instead. And by the way......gold just hit a record high yesterday in the US dollar........hence the US dollar is decreasing in value.
@jsmu1234
@jsmu1234 4 года назад
Brent Johnson is an empty shell............ "i don't understand.... i don't know......."
@samprasanna6140
@samprasanna6140 4 года назад
Lyn is very sharp
@markphillips9822
@markphillips9822 4 года назад
Interest rates are dead. No way can we afford even paying the interest on the debt at these levels. We are cooked and don't even know it.
@philippepoulin7842
@philippepoulin7842 3 года назад
She's 2 stronk for Brent! She has an answer for everything, and they come without her even needing to process the questions, she just knows her area of expertise so so well.
@robertravensbergen8375
@robertravensbergen8375 4 года назад
anybody else notice the weird ventriloquist puppet in the intro animation?
@ludwigvonmises1
@ludwigvonmises1 4 года назад
Yes, it's been a part of Real Vision branding since they launched
@stevemar8027
@stevemar8027 4 года назад
Confused on huge dollar rally theory: currently 5yr vs other fiat and gold below: Has the dollar really been that strong? -4.01% vs Swiss franc- 5 years -5.58% vs Euro 5 year -14.53% vs Japanese yen 5 year -73.10% vs Gold 5 year -33% vs Gold 1 year -22% vs Gold last 6 months -Is the dollar going all of a sudden going to make a substantial reversal in a crisis/squeeze? Maybe it can close the gap but I don’t see how it would be substantial enough to reverse its losses relative to other currencies and gold when it already has performed poorly yet deemed as being strong? Doesn’t make sense considering how flawed the dollar is. Hey, it’s up 682% vs the Argentinian peso!!
@stevemar8027
@stevemar8027 4 года назад
Correction -4% vs Swiss franc over 5 year
@abzer030
@abzer030 4 года назад
Lack of a better word, for lack of a better word...
@mr.bullion6786
@mr.bullion6786 4 года назад
Some of the countries that have the USD swap lines have not even used them.
@web2yt488
@web2yt488 4 года назад
After a day of studying mechanical engineering, watching financial content like this feels much less taxing
@jimwolfe4286
@jimwolfe4286 4 года назад
This was a fascinating conversation; like an intellectual "ping-pong" match...However, this was a top-down analysis, social and societal factors were not fully considered. Dr. Shiller usually mentions " animal spirits" in his analysis. This "bottom-up" view considers social stability as a factor that will allow this geo-economic "shell" game to continue. Various uprisings in the US, France, Germany , and other Western nations should be factored in as possible big "spoilers" to erudite macro analysis.......Thank you , Brent and Lyn for your valued and respected views and scenarios..........Godspeed........
@bubblybull2463
@bubblybull2463 4 года назад
Absolutely! And since jobs are going to be missing, social unrests are bound to happen. And wait for the next terrorist threats...
@nunoalexandre6408
@nunoalexandre6408 4 года назад
Checkmate!!!!!!!
@djames693
@djames693 4 года назад
Simply beautiful exchanging! Thank you!
@MagicMarker447
@MagicMarker447 4 года назад
Other groups of countries like BRICS, and the Arab kings have been talking for years now about moving to other currencies. So whether the US wants to not be the world reserve currency is irrelevant. The bad behavior of the Fed and exporting inflation are just some reasons why these countries want to get away from the dollar.
@jerryhunter5242
@jerryhunter5242 4 года назад
Repeatedly in the interview she takes an association and assumes causation the wrong way. A and B happened together historically, therefore A causes B. When in reality , B is causing A and this has a profound impact on her conclusions.
@andrewm6786
@andrewm6786 4 года назад
Wow, this has got to be one of the greatest real vision talks out there.
@eothedj3853
@eothedj3853 4 года назад
I love your mind Lyn!
@Unknown-sh8kw
@Unknown-sh8kw 4 года назад
Market has more money then any central bank. Market participant can stop participating in worthless currency game
@amandoad
@amandoad 4 года назад
LYN is definitely one of the smartest and must be followed
@xPhilxHC
@xPhilxHC 4 года назад
Let's print those fiat currencies to oblivion, time to move on
@costaselgreco
@costaselgreco 4 года назад
not clear if the host is debating economic explanations or reciting a wish list
@treziti-va6221
@treziti-va6221 4 года назад
Brent, I have a question for you. By doing swaps, the US is making the dollar weak since the other party will spend the dollars thus increasing the total amount of US dollars, while US will keep the printed counterparty currency and thus sterilizing it. This is how the dollar is going lower against the other currencies. The net amount of newly issued dollar maters, and with 0 interest rates, by rolling the swap the other party is providing only the interest (mostly nothing) but enjoying the power purchase of the dollars while FED is keeping the counterparty currency looked, thus sterilized. What do you say about this?
@lillix8826
@lillix8826 4 года назад
Very interesting point. Hopefully he can reply.
@treziti-va6221
@treziti-va6221 4 года назад
@@lillix8826 No reply yet.....
@chadbrasfield
@chadbrasfield 4 года назад
If I understand this correctly (and I very well may not) I think his point is that the swaps ultimately remove dollar debt (deflationary). The only reasons the other countries hyperinflate their currency is to secure dollars to pay down dollar denominated debt. Therefore the local currency hyper inflates and the dollars dry up. I could be completely mistaken about that though.
@chriscarpani3799
@chriscarpani3799 4 года назад
Brent just has Theories and Lyn backs her theories with data
@healthygrowth7760
@healthygrowth7760 4 года назад
there is no way any other country can print more than the usa, other countries print for their own country while the usa prints for the whole world... also have to consider many foreign currencies dont have a deficit like the usa.. it comes down to a simple decision of keep buying and holding dollars or is there other currencies with better upside moving forward?
@Guron90
@Guron90 4 года назад
looks like johnson is going to cough up more gold to peter schiff. LOOOOL.
@alan17h
@alan17h 4 года назад
I’ve been waiting to see these two get together. Fantastic discussion/debate, Real Vision. This makes up for the Kelton spoon-fed “interview”.
@James-vj5hz
@James-vj5hz 4 года назад
Brent looks like the Stay Puft Marshmallow Man.
@joeface03
@joeface03 4 года назад
No Lyn, there's not 12T in $ denom debt. Try $80T+.
@crimmeyd00d47
@crimmeyd00d47 4 года назад
Exactly, I think this destroys her only argument that the US can bail out the world which was her answer to every single of Brents scenarios. Brent can't see how the world gets out of this mess as he know how big the debt is. Not sure why Lyn is down playing the euro dollar debt size by many multiples, it's baffling.
@joeface03
@joeface03 4 года назад
@@crimmeyd00d47 She's actually an engineer. Sometimes those types can only comprehend what's actually measurable. Because of shadow banking and unregulated fractional reserve lending, it is impossible to measure the size of the eurodollar debt. Therefore she just ignores it, which of course, is wrong.
@GenXstacker
@GenXstacker 4 года назад
How do you come up with $80+ trillion?
@Wishmegoodluck
@Wishmegoodluck 3 года назад
Just watch the last 15 mins if strapped for time
@healthygrowth7760
@healthygrowth7760 4 года назад
brent forgets that dollar debt is turned into dollar assets that inflate in dollar terms to cover their debt just like an american investor
@fifteenbyfive
@fifteenbyfive 4 года назад
Lyn Alden makes everyone in the comments section sapiosexual
@bruhhhhh718
@bruhhhhh718 4 года назад
ok...lets see lyn and jeff snider next
@phatster88
@phatster88 4 года назад
Cue the USA rah rah.. please let the lady speak
@jonathanbartsch2938
@jonathanbartsch2938 4 года назад
I enjoyed your episode and really appreciate your breaking down both your views 👍
@renatowhoareyou2464
@renatowhoareyou2464 4 года назад
This should be taught in University! Greetings from Hamburg, Germany
@carlomottola3213
@carlomottola3213 4 года назад
If commodity trading is done in multi currency, at which value will sellers give their products? 1:1 on the euro? 1:7 on the Yuan? How?)))
@2024iq
@2024iq 3 года назад
Lyn Alden for president
@johnnychipello919
@johnnychipello919 4 года назад
Wow..she is very impressive!
@AbbeyRoad69147
@AbbeyRoad69147 4 года назад
24:43 "what do you think happens to the dollar in that environment?" MOST IMPORTANT QUESTION!!!
@jamesdean7756
@jamesdean7756 3 года назад
Lyn Alden is full of class
@mr.bullion6786
@mr.bullion6786 4 года назад
USD will crash as it did in the seventies.
@PadgettjaxFL
@PadgettjaxFL 4 года назад
Isn't it just the same old debt backed, fiat generated currency Ponzi scheme problems exposed in deflationary times pushed out into more ponds? One of the best Real Vision episodes.
@DumbledoreMcCracken
@DumbledoreMcCracken 4 года назад
She is the Dr. Ronda Patrick of global debt.
@sommi888
@sommi888 4 года назад
🧡💛💚💙 Peter Schiff is a 10/10 Top-Tier Economist, but a 2/10 rated investor. He has no room for admitting he's wrong on timing or anything. Brent Johnson is prepared to admit hes wrong if the Dollar Milkshake theory doesnt happen, and hes hedged for that. 🧡💛💚💙
@jeffreygoss8109
@jeffreygoss8109 4 года назад
Sovereign Pariah exactly! I’m sure there is some distaste of the government for what they did to his father, but he doesn’t lie. As he always says, “ being early isn’t being wrong”
@foolsleadtheworld578
@foolsleadtheworld578 4 года назад
Awesome conversation and nice to hear both sites. As always Lyn was sharp as a samurai sword and explains with such ease her perspective. Thanks to the both of you, I got some of the missing puzzles in place. Have an amazing day all of you. p.s. The video says airdate june 22 ?
@billytheweasel
@billytheweasel 4 года назад
Gold almost $2K because the USD is QE diluted to water. The USD wont be the reference much beyond the election possibly. Country A printing currency to buy country B's printed currency to pay contract debt in country B's currency = gold. I think Yield Curve Control would be a risky play with disastrous consequences. We are not Japan, far from it. Lyn is solid.
@rmondave
@rmondave 4 года назад
Financial/Monetary history shows that there are long term debt cycles of roughly 80 years, and shorter ones coinciding with business cycles, etc. I agree that we/us have a huge advantage, that is a reserve currency derived ability to consume so much more than we produce in the (not so) short run, again largely due to the USD as the reserve currency. Something that lasts for 76 years (since 1944), is a huge advantage for multiple generations of Americans! It is coming to an end soon, but "soon" could be another 5, 10 or 15 years, no one knows for sure :) Life is not fair, that is for sure. Many people born in the USA producing precious little, have enjoyed a higher standard of living, supported on the backs (debt to be repaid) of future generations! Well yes, China is working with others (ie the BRICS) on another monetary system. Perhaps lead by a basket of gold backed currencies. In the long run, without growing productivity per capita, those unproductive people will eventually be marked to market -- however as cited above that often entails a 50 to 70 year lag, of unfair /unearned standards of living...
@outlander4502
@outlander4502 3 года назад
Brent is sitting in the Cold War metrics and economy, USD/OIL model. We are moving for a Currency and Trade Balances model, FED has created a wall of high value assets in US market to kick out USD from domestic market. That is the pressure on China to create one trust stock market and probably will move to others market as well. More global growth is expected... some chaos also, as usual. Short term, who knows...
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