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by handsclean
805 days ago
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All that international trade and banking you talk about refers to it as USD or US$, not $. To 95% of the world, the relevance and influence of USD isn’t remotely close to their own currency’s. Sure, it’s relevant to some industries and to the larger economy – that makes it like CNY or EUR are to you, nothing more. I do think a USD assumption is reasonable, but only because the statement was made on HN, which is predominantly American. USD does not own the $ symbol outside of the US. |
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Of course, a Canadian or Australian, or New Zealander, or Rhodesian, or Zambian, whose local currency also uses the same symbol, will tend to assume their local currency instead. But they are a minority of the world's population.