Is the dollar losing its status as reserve currency? - Robert Kiyosaki, Andy Schectman
Watch part 2 of a very important discussion with Andy Schectman of Miles Franklin, and find out what Mexico joining BRICS means for the future of the new global reserve currency.
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies — Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations — are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.”
Schectman expects a large portion of the world to abandon the U.S. dollar and he also predicts a “tsunami of inflation.” With rising inflation, Schectman suggests that the interest rate set by the U.S. Federal Reserve will continue to rise and a “collapse” in asset prices will soon follow.
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Видео Is the dollar losing its status as reserve currency? - Robert Kiyosaki, Andy Schectman канала The Rich Dad Channel
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies — Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations — are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.”
Schectman expects a large portion of the world to abandon the U.S. dollar and he also predicts a “tsunami of inflation.” With rising inflation, Schectman suggests that the interest rate set by the U.S. Federal Reserve will continue to rise and a “collapse” in asset prices will soon follow.
+++Want to know the secrets of the rich? Learn the “money rules” that rich people use to protect & grow their wealth during economic turmoil by subscribing to Rich Dad's Wealth Experts: https://bit.ly/3JD0t75
https://www.richdad.com/
Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/
Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki
Instagram: @TheRealKiyosaki
https://www.instagram.com/therealkiyosaki/
Видео Is the dollar losing its status as reserve currency? - Robert Kiyosaki, Andy Schectman канала The Rich Dad Channel
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