2023-04-25 12:08:28
Hyperinflation in the USA. Bitcoin for all the money?
The author of "Rich Dad, Poor Dad" Robert Kiyosaki warns Americans that the country is facing a series of crises as the BRICS countries return their dollars back to the United States. Kiyosaki says the US risks facing hyperinflation, war and famine as other major economic powers unite to weaken the dollar's superiority as the world's reserve currency.
In his opinion, the BRICS (Brazil, Russia, India, China and South Africa) poses a serious threat to the stability of American society, since these countries can provoke hyperinflation by returning their huge dollar reserves to the United States. The BRICS is at an early stage of developing a currency backed by precious metals and not using US dollars.
Kiyosaki argues that hyperinflation is only the tip of the iceberg if the BRICS countries completely abandon the US dollar. He also predicts that conflicts will contribute to a new American struggle for access to the most basic needs.
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4.0K views𒆜 Ensign Ghost 𒆜, edited 09:08