I'm actually not a fan of Dollar Milkshake Theory. 🤷🏻‍♂️

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Interesting what do you think is wrong with it?

I just don't think we are headed to such a sharp inflection point. I think a lot of the predictions that point to catastrophic collapse scenarios underrate the importance of path dependence, threshold effects and the self-limiting nature of macro trends.

Now, that doesn't mean low probability tail risks could emerge that would prove my prediction wrong. But I wouldn't bet on them.

Also, 99% of the population could care less about any of it. So the status quo marches on.

Oh I see so you’re not a fan of the final outcome prediction but do you think the process of the dollar sucking up liquidity going forward is not likely or something else?

Seems to be playing out though, regardless.