I mean, that’s just false. In a lot of countries with weak or unstable local currencies, big purchases like vehicles and real estate (sometimes even rent) are often done in USD to make sure the money keeps (most of) its value until you want to spend it again. I’ve seen it both in Africa and Asia. I’ve had to handle USD bills a lot even though I’ve never even stepped foot in the Americas.
I mean, that’s just false. In a lot of countries with weak or unstable local currencies, big purchases like vehicles and real estate (sometimes even rent) are often done in USD to make sure the money keeps (most of) its value until you want to spend it again. I’ve seen it both in Africa and Asia. I’ve had to handle USD bills a lot even though I’ve never even stepped foot in the Americas.
You’re right I worked that wrong, I meant money changes hands all over the world, not us dollar bills