[ExI] cart before horse

MB mbb386 at main.nc.us
Thu Sep 16 19:03:45 UTC 2021



On Thu, September 16, 2021 14:49, Dave Sill via extropy-chat wrote:
> On Thu, Sep 16, 2021 at 2:39 PM MB via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
>>
>> My neighbor bought a new car with cash.
>>
>
> Assuming we're talking about actual paper currency, carrying large amounts
> is very dangerous due to the practice of Civil Asset Forfeiture. Cops can
> take and keep it on the grounds that they think it was obtained illegally.
>
>

Indeed, this is true.  I'm pretty sure neighbor paid by personal check.  I
would not pay with folding green, it's too risky, as you say.

Perhaps I misunderstood the original post? Most people arrange big loans
for large expenditures, hardly anyone saves up in advance.   Pity.

Some years back I knew a doctor who put a brand new Ford Expedition on his
credit card - his other car had fallen apart during vacation and he was
disgusted, didn't want to see it again. Funny.  Dealership there had
difficulties with that as well.  :D

Regards,
MB



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