Show of HandsShow of Hands

rebelfury76 July 12th, 2013 5:49am

A prospective buyer shows up to buy a car you have listed for sale. He drives it, likes it, and expresses a desire to purchase the car. He says he can pay your asking price in paper or offers 1/2 in silver bars. Which do you take?

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kateXcore Dark side of the moon
07/13/13 11:49 pm

Only half in silver? I'm gunna take the fake money because it will be spent in days on bills. Orrrrrr I could use the fake money to buy gold/silver.

badattitude no place like home
07/12/13 11:13 pm

I'll take the silver if he offers 10% over asking. I have to pay a fee to convert it.

violence Pretty hate machine
07/12/13 12:48 pm

I'd like to point out that neither the paper money nor the silver money have any real, inherent value. They are both only worth as much as we confer upon them.

TalkPolitics Chevy Chase, MD
07/12/13 11:36 am

I'd take the paper simply because I wouldn't believe the man had silver. But I see what you're doing reb! I support the gold standard as well

jms in the middle of Nowhere
07/12/13 9:26 am

I'll take the paper and go buy my own silver.

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skinner Wisconsin
07/12/13 6:25 am

I assume the fake money is the paper, I'm taking that.

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TomM
07/12/13 6:18 am

I would take money. I would need another car and that seller will most likely want cash. Silver is not practical to handle. Same would apply to gold.

TomM
07/12/13 6:19 am

Oh I just realized I think you are suggesting he is going to pay me half the price. I will find another buyer.

TomM
07/12/13 6:20 am

At first I thought you meant he was paying half in money and half in silver. That situation, no I would take money

DunkinFrunk Austin area, Texas
07/12/13 5:06 am

I would take silver as payment in a second. I would only do it if I am getting the silver at wholesale prices.

Doopy Remedial Americanism
07/11/13 11:22 pm

Fake money. I can still buy precious metals with it long before it loses half it's value. Besides, you probably couldn't see half my car's value in silver with the naked eye.

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rebelfury76 No Justice, No Peace
07/11/13 11:45 pm

I figured that would come up. I thought about putting "dollars" and "silver" but I wanted to differentiate them somehow. You have a valid point.

NUwriter
07/12/13 4:25 am

Yeah Rebel, the question's still valid at par.

Wert A picture of my junk
07/11/13 11:06 pm

Certainly not silver. It's fallen to less than half its value from a year ago. To break even on the car, silver would have to double in value and then some. I'll take payment in full now, thanks.

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rebelfury76 No Justice, No Peace
07/11/13 11:44 pm

How has the value of fiat currency faired over the past few decades?

Silver has steadily risen in the same time frame.

pinkyusuck The Carribean. I wish.
07/11/13 11:01 pm

Silver bars. I'll never again run out of the ability to conduct electricity efficiently.

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Doopy Remedial Americanism
07/11/13 11:52 pm

I know, right! Or heat. You can build a pretty sweet heat sink for your computer out of a block of silver!

Jungle in the dog house
07/11/13 10:53 pm

Cash. I have no way of knowing it is real silver without testing. Also, demanding all in cash is much less hassle.

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rebelfury76 No Justice, No Peace
07/11/13 11:46 pm

Lets say you know it's silver for the sake of argument

Doopy Remedial Americanism
07/11/13 11:53 pm

Test the conductivity! Silver is more conductive than any other element.

Jungle in the dog house
07/12/13 12:00 am

@rebel...I still take cash. Less hassle.

rebelfury76 No Justice, No Peace
07/12/13 12:32 am

How? If he has two briefcases in front of you, what's the hassle?

Then again those who take the silver would be thinking about its investment potential and not its liquidity.

NUwriter
07/12/13 4:27 am

So you'd be worried that the silver is fake - and you'd be wise to test it. But you know the Federal Reserve notes are fake money - created out of thin air, and they are losing value constantly.

Doopy Remedial Americanism
07/12/13 5:29 am

Spending the silver can be a hassle, too.

JackTorS Clap you stupid bastards
07/11/13 10:52 pm

What, like Xerox paper? Is that what you mean?

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kateXcore Dark side of the moon
07/13/13 11:50 pm

Monopoly money, or federal reserve notes.