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> al transactions in usd are settled in US. Do you mean this in some metaphysical sense? Because you can exchange USD for gods or services outside the US witho
by giaour 4y ago
> al transactions in usd are settled in US.
Do you mean this in some metaphysical sense? Because you can exchange USD for gods or services outside the US without the US government getting involved.
- Ekaros 4y agoThere is essentially loans of USD that happen on balance sheets that is paper between institutions outside of USA. So such trading and settlement is possible. But if there is block of actually getting this money in real dollars, that is rather pointless even more monopoly money.
- lottin 4y agoWhat do you mean real dollars? Dollar deposits in bank accounts outside the US are as real as dollars deposited in US banks.
- ilammy 4y agoOh sweet child, try transferring your “dollars” out of your country first – especially into US – before you claim they are real.
- lottin 4y agoThis is absolute nonsense. International trade is predominantly conducted in US dollars, therefore it's patently obvious that it must possible to transfer dollars abroad.