The dollar milkshake thesis was never meant to imply the US dollar is a good currency or that the transition would be good for the United States; rather, it argues the dollar will be relatively better than other currencies, and the US will outperform globally, but the story ends very badly for everyone including the US.
definitionpending
Speaker
Brent JohnsonEvidence Quote
“I never said that the US dollar was a good currency... I never said that this would be good for the United States I just said it would be better for the United States than the rest of the world it's always been a relative uh argument... it's a story that ends very very badly”
Source
Brent Johnson: The Demise Of The Dollar Will Take Longer & More Surprising Turns Than Many Expect— Adam Taggart | Thoughtful Money®Created: 8/12/2026, 6:41:04 PM
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