Robert Kiyosaki’s Warning: BRICS Gold-Backed Currency Could Destroy the US Dollar

Forget inflation—the real threat to the dollar might be a shiny, old-school alternative.

The Dollar's New Rival

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' isn't mincing words. He's sounding the alarm on a potential financial earthquake: a gold-backed currency from the BRICS nations. This isn't just another crypto fad; it's a direct challenge to the global reserve currency's throne, built on the one asset that's never needed a central bank's promise to be valuable.

Why Gold Changes Everything

A tangible, gold-pegged system cuts through the trust-based fabric of modern fiat. It bypasses the dollar-centric SWIFT network, offering member nations a way to settle trades without Washington's shadow looming over every transaction. For countries tired of dollar-driven sanctions and monetary policy, it's a tempting escape hatch.

The Looming Power Shift

If successful, the move wouldn't just dent dollar demand—it could trigger a full-scale reevaluation of U.S. debt sustainability and force a painful hike in interest rates to keep capital from fleeing. The greenback's exorbitant privilege relies on everyone playing the same game; a major bloc changing the rules resets the entire board.

Of course, coordinating monetary policy across diverse economies is like herding cats—especially when some of those cats have a fondness for printing money. The real test will be whether BRICS can build a system more credible than the promises of the politicians backing it.

BRICS Gold-Backed Currency Vs the US Dollar: Shedding Light on Robert Kiyosaki’s Take

Despite Kiyosaki claiming that BRICS gold-backed currency will destroy the US dollar, there’s little chance for that to happen. No BRICS member has officially launched the mechanism, and no leader has stated it. The claim of toppling the US dollar comes without a circulating currency yet. Senior officials have also repeatedly clarified that a rollout of a new tender could take years. Russian President Vladimir Putin confirmed during his visit to India last week, saying,to launch a currency.

He also added that the bloc is avoiding haste so as not to repeat the mistakes of the European Union.he said, citing the Eurozone’s example. The President also revealed that the alliance is approaching the prospects of a currencyTherefore, Kiyosaki’s statements are bold despite the BRICS currency not being out, and he is betting on the gold-backed UNIT. It is yet to find its way in an already crowded and aggressive market.