In this free-flowing conversation, Brent Johnson, CEO of Santiago Capital, and Steven Van Metre of Steven Van Metre Financial revisit their theses and walk through why they remain steadfast in their conclusions about the fate of the U.S. dollar and the monetary system that they believe has yet to materialize. Because they perceive risk in the system that they see as unappreciated by the market, they explain why their extended time horizons are a key factor in the way that they are positioning themselves. Johnson and Van Metre also discuss the reasons that form the foundation of their thesis and their convictions—the historical pattern of fiat currencies' persistence, the credit-based design of the current monetary system, and the global interests in protecting the U.S. dollar as the reserve currency. Filmed on August 17, 2021.