An industry expert has forecasted that the purchasing power of the US Dollar could plummet to zero from its current level of 3%, largely due to the de-dollarization efforts spearheaded by the BRICS nations.
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” suggests that individuals should consider investing in Bitcoin, gold, and silver as a safeguard against potential hyperinflation. The US Dollar (USD) is reportedly facing a critical challenge, with its purchasing power deteriorating in light of the BRICS coalition’s de-dollarization initiatives. Lynette Zang, CEO of Zang Enterprises, revealed that the US Federal Reserve has acknowledged in a document that merely 3% of the USD’s original purchasing power remains intact this year.
Examining the available data, Zang indicated that the situation may worsen, with purchasing power projected to drop to zero by 2025. The economic implications could be severe, potentially leading to hyperinflation in the US, resulting in job losses and widespread disruption, she elaborated.
Other experts point out that the BRICS agenda could rapidly diminish the USD’s value in international trade. According to Zang, the US may face repercussions for “failing to control the beast they created.”
“I genuinely believe that we have already embarked on the path toward hyperinflation. Expect to see increased borrowing, more money printing, and rising inflation because the beast remains unchecked. This will be unmistakably clear by 2025,” she stated.
In a separate interview, historian and precious metals authority John Forest Little analyzed the BRICS strategy and the precarious position of the USD. He emphasized that the escalating de-dollarization movement is compelling the US to reevaluate its monetary policy and turn toward gold for economic leverage.
Historically, the US suspended the convertibility of the dollar to gold during the Bretton Woods II period after the USD was established as the reserve currency in Bretton Woods I. According to Little, the US is now entering a Bretton Woods III era, characterized by a shift towards commodities and gold-backed currencies.
Unfortunately for the US, the BRICS nations are reportedly leading the charge by significantly accumulating gold and other resources to establish a new financial order. Additionally, the BRICS countries are developing an alternative financial system, which includes a newly tested bridge digital currency platform and the UNIT, as previously reported.
In their quest to create a multipolar economic landscape, the BRICS nations are actively reducing their dependence on the dollar. If BRICS countries decide to sell US Treasuries to purchase gold, the US may face challenges from escalating inflation. In this context, experts recommend that the US incorporate gold into its monetary policies.
As the purchasing power of the USD declines, gold recently hit an all-time high price of $2,638.79 on September 24. Interestingly, Bitcoin (BTC) may also be poised for a surge as institutional investors increasingly view the digital asset as a hedge against looming inflation. This aligns with Robert Kiyosaki’s recent assertion that saving in tangible gold, silver, and Bitcoin, along with investing in rental properties, is crucial to avoid being “crushed by the deteriorating USD.”
“I have seen this crisis coming for years, which is why I wrote ‘Rich Dad Poor Dad.’ I own my business, utilize debt as a tool to acquire cash-flowing assets like rental properties, and save real gold and silver, as well as Bitcoin. Please be prepared and take care. Exciting times lie ahead,” he advised.
At the time of writing, Bitcoin was trading at $63,400, having surged by 8% in the past week.
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