In the states now, a fiat transaction over 10k has to be pre approved by the IRS. Example, purchase a vehicle from a dealership with cash, you have to first declare where that cash came from and sign your name on IRS docs. Now you can buy the car.
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They want us using loans and hate the idea that we might have enough cash to buy something. The system was designed to prevent that. haha.
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Absolutely. Eh, we just got back to the states last year (thanks, fuckin Covid!) and needed a car. The dealership deployed three different associates to convince us to finance the thing.
I don't remember cash being such a hindrance.
The system is heavily dependent on people owin debts, it seems.