03 Jan 2026 | 5 Mins Read

BRICS members may be weakening the US dollar's status

Flipitmoney

Robert Kiyosaki claims the US dollar's dominance is under threat from growing non-dollar trade among BRICS nations, citing Iraq's and Libya's experiences with being forced to switch back to the dollar after challenging its system due to military interventions. BRICS nations have built dollar-independent infrastructure, with 50% of internal trade in local currencies and increased gold reserves.