Dollar Milkshake Theory Explained Like You're 5
4,574 views
0

 Published On Feb 13, 2023

In this video I explain Brent Johnson’s Dollar Milkshake theory so that even a 5 year old would understand it.

The "Dollar Milkshake Theory" says that the US Dollar is getting weaker, but money from other countries are getting weaker even faster. And because the US dollar is like the boss of all the other money, it's going to take over and be the only type of money left.

This is important because it affects things like the cost of the iPhones, Charizard cards, and other stuff we want to buy. Right now, because the US dollar is so strong, people in Europe have to pay more money to buy American things like the iPhone.

But, this is bad news for companies like Apple who sell their products in other countries. Their stock (and most assets denominated in USD) has been going down because of the strong US dollar.

It's also a sign that the world is slowing down and people are putting their money into the US dollar because they're worried about their own currencies.

So, what can you do about it? You don't have to sell everything, but it's a good idea to have a plan and to consider holding onto some cash for now.

Remember, this is all a theory and it might not happen 100%, but it's always good to have a plan.

📖 Mr. X Interviews by Luke Gromen: https://amzn.to/3RYVOjB
🥤 Dollar Milkshake Summary:    • The Dollar Milkshake Theory Explained  
📆 2023 Dollar Milkshake Update:    • An Update On The Dollar Milkshake The...  
💵 How Could the Dollar Fall?    • An Update On The Dollar Milkshake The...  

Intro 0:00
Dollar Milkshake Theory ELI5 0:34
Three Ways Forward 4:43
I Hate Cookie Metaphors 7:25

show more

Share/Embed