28. S01:E23 – Fiat Money Fairytales

 

SEASON 01 – EPISODE 23

Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets.

If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below.

On our website there is an embedded video above and an audio player at the bottom of the page

FIAT MONEY FAIRYTALES

The Dollar Milkshake theory is more nuanced than the playful name implies.

Unfortunately, people don’t spend enough time digging into its layers to fully appreciate the critical perspective it is trying to provide.

So, in this episode the Milkshakes Duo take you on a tour of what the “theory” is all about.

Along the way they visit Santa’s workshop and a few other fantasy lands, before eventually ending up in … prison.

If “there can be only one” episode you watch from this show, consider that Jon claims this is one of the best conversations he has ever had with Brent, on or off camera.

Whether you believe in magic or you believe in math, there is something for everyone in this conversation full of fairytales.

Learn more on the latest Milkshakes, Markets, and Madness Show.
https://youtu.be/4N1x96jY0XI


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CHAPTERS
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00:00 – Title screen

00:05 – Episode overview

01:32 – Disclaimer

01:34 – Video intro (11 seconds)

01:45 – Not so fast

03:45 – Timing the end game

06:59 – The golden gauge

08:01 – Digging for gold, finding a Milkshake

11:10 – The 2020 fake-out

13:42 – Lots of cans to kick

17:40 – The “reality” of re-monetizing gold

19:44 – It doesn’t need to make sense

21:08 – Debt, taxes, and dollar liquidity

23:04 – Santa Claus and why governments issue bonds

25:37 – Monetary illusions

28:10 – Prisoners of the system

32:40 – Attack on Titan

33:59 – Math vs. Magic and Good vs. Evil

39:08 – Dose of reality

40:32 – Salutations

41:16 – Outro

41:30 – Disclaimer


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LEARN MORE
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Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets.

If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week.

For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all.


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JOIN THE MADNESS
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Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there!

Join us each week for another episode, released every Saturday morning Eastern Standard Time.

Until then, don’t be bashful, share with us any madness you come across during the week.


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CONNECT WITH US
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To make sure you always get your weekly dose of Madness, please subscribe to our YouTube channel @MilkshakesPod

You can follow Brent Johnson on Twitter at @SantiagoAuFund

You can follow Jon Kutsmeda on Twitter at @JonKutsmeda

More links to the show, including your favorite podcast feed, can be found on the SUBSCRIBE page of this website or via our Linktree.



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