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  • An industry expert predicts that the purchasing power of the US Dollar could reduce to zero from the current 3% amid the de-dollarization strategy led by the BRICS nations. 
  • According to the “Rich Dad Poor Dad” author, it is advisable to consider saving in Bitcoin, gold, and silver to escape the potential hyperinflation. 

The US Dollar (USD) is reported to be in a critical situation as its purchasing power weakens in the face of the BRICS alliance’s de-dollarization strategy. According to the CEO of Zang Enterprises, Lynette Zang, the US Federal Reserve has admitted in a document that only 3% of the USD’s original purchasing power remains this year. 

Scrutinizing the situation with official data available, Zang disclosed that things could get worse as the purchasing power may likely dwindle to zero in 2025. Economically, the adverse effects could be grievous as hyperinflation may be significantly experienced in the US leading to Job losses and disruption, she explained. 

According to other experts, another factor that could quickly render the USD almost “valueless” in the sense of international trade is the BRICS agenda. To Zang, the country could likely get punished for “failing to kill the beast they created.”

I believe, with all my heart and everything that I know, that we’ve already begun the transition to hyperinflation. We’re going to see more borrowing, more money printing, and more inflation because they have not killed that beast that they created and continue to create. It’ll become very obvious in 2025.

Precious Metal Expert Makes Crucial Analysis of BRICS Strategy and USD’s Position

In another interview with historian and precious metals expert John Forest Little, it was highlighted that the rising de-dollarization agenda is forcing the US to reconsider its monetary policy and resort to gold for economic influence.

Historically, the US was reported to have suspended dollar convertibility to gold in the Bretton Woods II era after the USD became the reserve currency in Bretton Woods I. According to the analyst, the country is now entering the Bretton Woods III, which is characterized by the movement towards commodities and gold-backed currencies.

Unfortunately for the US, the BRICS nations are reported to be at the forefront as they extensively accumulate gold and other resources to lead a new financial order. On top of that, the BRICS nations are in the process of building an alternative financial system, which includes the recently tested bridge digital currency platform and the UNIT, as we reported earlier. 

In addition to creating a multipolar economic world, the BRICS is also moving away from dollar reliance. In situations where BRICS sell US Treasuries to buy gold, the country could battle rising inflation. In this case, the expert advises that the US embrace gold in its monetary policies. 

Amid the backdrop of the USD weakening purchasing power, gold reached its all-time high price at 2,638.79 on September 24. Interestingly, Bitcoin (BTC) could be the next in line to soar as institutional investors resort to the digital asset as a hedge against impending inflation. This coincides with the recent statement of the “Rich Dad Poor Dad” author Robert Kiyosaki. According to Kiyosaki, saving real gold, silver, and Bitcoin and buying rental properties is important to avoid “being crushed by the destroying USD.”

For years I could see this crisis coming… which is why I wrote Rich Dad Poor Dad, own my business, use debt as money to buy cash-flowing assets such as rental properties, save real gold and silver, and today Bitcoin. Please be prepared and take care. It’s getting exciting.

At press time, Bitcoin was trading at $63.4k after surging by 8% in the last seven days. 

 


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table. His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface. John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation. John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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