BRICS Use Golden-Based Stablecoins, US Dollars Threatened With Hyperinflation, Here's Robert Kiyosaki's Advice

JAKARTA - Robert Kiyosaki, author of best-selling book Rich Dad Poor Dad, provides a surprising view of the potential for hyperinflation in the United States triggered by the introduction of gold stablecoins by BRICS countries.

Robert Kiyosaki has long been known as a strong supporter of the so-called real money' - gold, silver, and bitcoin - while he continues to criticize fiat currencies such as the US Dollar. In his latest warning, Kiyosaki highlighted the gold-backed stablecoins that the BRICS - Brazil, Russia, India, China, and South Africa countries might launch.

According to reports from international crypto media, the alliance is considering using blockchain technology to create a more stable and less dependent payment system on the US dollar.

This gold stablecoin, if actually launched, could be used for trading and payment services between some of the world's strongest economies, reducing its dependence on the US dollar. Kiyosaki argues that this will lead to many USDs which he calls false money' returning to the United States, which could lead to hyperinflation and undermine the dollar's value.

The Impact Of Hyperinflation In The US

Kiyosaki warned that hyperinflation in the US could come true if BRICS' gold stablecoins come true. He advised people to switch to real assets such as gold, silver, and bitcoin to protect themselves from the possible fall of the US dollar. According to Kiyosaki, this scenario will result in a lot of USD returning to the United States, which will eventually destroy the dollar.

Kiyosaki has often emphasized the importance of these assets as suitable investments for those who want to maintain or increase their wealth. In his latest view, Kiyosaki advised people to look for these assets as protection from the possible fall of the US dollar.

Earlier this month, Kiyosaki highlighted six rules that people can follow to survive the brutal fall of the market. One of these rules includes investing in major cryptocurrencies. He believes that by having real money such as bitcoin, gold, and silver, people can protect themselves from economic fluctuations and maintain their wealth.