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Even when the country gov is hostile to USG, the citizens will still use USD. Citizens use cash, USD notes - not USD bank accounts. No bank accounts are involv
by ljosifov 4y ago
Even when the country gov is hostile to USG, the citizens will still use USD. Citizens use cash, USD notes - not USD bank accounts. No bank accounts are involved. The relations between USG and the local gov bears no consequence to the use of cash. I saw through civil wars in the 1990s, and did not see a single use of gold for anything. The next big state fiat was used for everything. Sorry for the downer.