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The Dollar Milkshake Theory: A Global Currency Crisis – Robert Kiyosaki and Nick Santiago

Rich Dad Radio Show, Released on 6/1/20

Central banks have created a “milkshake” of different currencies and pushed liquidity into the global economy. As of 2016, the US started raising rates while the rest of the world was “mixing” the milkshake. As a result, raising rates acts as a straw that sucks the capital into the United States.

So what is the outlook in the post-coronavirus economy? Brent Johnson, CEO of Santiago Capital, explains the “Dollar Milkshake Theory,” what impact the strong dollar will have on gold and Bitcoin, and why comparisons of currency strength are all relative. In addition, he explains that a strong dollar is good for the U.S., however, the global economy is not meant to support a strong dollar and could mean we will see a “reset” of currency.

Listen as hosts Robert and Kim Kiyosaki and guest Brent Johnson discuss what assets will perform in 2020 and how you can prepare for the future.

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.

Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Who Stole My Pension? How You Can Stop the Looting.

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