| ▲ | nazcan 10 hours ago | |||||||
This is one thing I've heard repeated - that USD needs to be spent in America - seems like other countries could just transact with it directly. | ||||||||
| ▲ | thaumasiotes 10 hours ago | parent [-] | |||||||
They can and they do; that's called dollarization. It's worth observing that dollars that are never supposed to return to the US don't have the same anti-counterfeiting pressure that dollars spent in the US do. I don't know how much of a market there is in counterfeiting USD for dollarized economies. | ||||||||
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