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Old 04-17-2011, 12:22 PM   #167
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Originally Posted by loborugger View Post
I have seen this. Its a nice idea and a nice political statement. However, as the saying goes "bad money drives good money into hiding." For example, why would I buy a 5 thousand dollar car with 5 grand worth of silver - which I know is gonna go up in value in the next five years - when I can pay for it in dollars - which I know are gonna lose value in the next five years?
I would spend the dollars if I had both dollars and silver for that very reason, but I probably wouldn't own dollars if silver were legal. The price of a car goes up every year in dollars, not silver. The same weight in silver buys the car because they both went up.
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