Kiyosaki predicts demise of USD as BRICS develop rival currency
"Rich Dad Poor Dad" author Robert Kiyosaki predicts the demise of the US dollar as BRICS nations, including Brazil, Russia, India, China, and South Africa, plan to introduce a gold-backed trading currency. Kiyosaki warns of inflation and advises investing in gold, silver, and Bitcoin. While dedollarization efforts gain momentum, the US dollar remains the dominant global reserve currency, accounting for nearly 60% of global currency stockpiles. However, Nobel economist Paul Krugman dismisses concerns about dedollarization.