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I think American financial institutions and their clients have a slight advantage when it comes to getting dollar credit than financial institutions in developi

I think American financial institutions and their clients have a slight advantage when it comes to getting dollar credit than financial institutions in developing countries. That's why when American companies get cheap money it does so much more overseas.

turar 11y ago
Why do American banks and their clients get this advantage? Does it come down to the historical fact that the US Dollar is a currency with a unique worldwide status?