Robert Kiyosaki’s Take on BRICS Currency and Inflation
Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has shared his thoughts on the proposed BRICS currency and its potential impact on the US dollar. He believes that the US dollar will eventually die and that trillions of dollars will flow back into the US as a result. Here are the key points to take away from his predictions:
– BRICS Gold-Backed Currency: Kiyosaki predicts that the BRICS nations will announce a gold-backed currency during their summit in August. However, there is no official confirmation of this yet.
– Inflation Concerns: Kiyosaki also warns that inflation will skyrocket as a result of the BRICS currency. To protect yourself, he suggests investing in gold, silver, and bitcoin.
– Long-Term Ambition: While many expect a common BRICS currency to be announced soon, the vice president of the New Development Bank clarifies that this is a medium to long-term goal. There are no immediate plans to compete with the US dollar.
In Kiyosaki’s eyes, the US dollar’s demise is inevitable, and he believes that investing in gold, silver, and bitcoin is the way to go. He even predicts that bitcoin will reach $120,000 next year. However, it’s important to note that these are just predictions and should be taken with a grain of salt. Stay informed and make your own investment decisions.
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