""Rich Dad Poor Dad" author Robert Kiyosaki issued a dire warning for the US dollar as BRICS nations push for an alternative to the greenback in trade and investment."
""BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold, Silver. Bitcoin to $120k next year," the personal-finance guru said in a tweet on Tuesday.
Kiyosaki's comments follow a recent announcement by the Russian Embassy in Kenya that the BRICS group of countries – which include Brazil, Russia, India, China, and South Africa – are planning to introduce a common trading currency backed by gold.
The plan highlights a push to "de-dollarize" among several global nations amid growing concerns about Washington's ability to weaponize the greenback via economic sanctions.
China has been leading the anti-dollar drive by promoting the use of its own currency in trade, and global central banks now use a record amount of yuan via currency swaps"
https://www.yahoo.com/finance/news/rich-dad-poor-dad-author-121544905.html