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Re:Who Pays the Price for Selling $10 Bills for $5? by neom on Friday April 05, 2019 @07:50AM (#19581592)
A fun thought experiment: how could you go from selling $10 bills for $5 to selling $10 bills for $15?
Re:Who Pays the Price for Selling $10 Bills for $5? by huffmsa on Friday April 05, 2019 @07:56AM (#19581618)
Replace all of the ports on the bill with a single USB-C port and call it revolutionary?

Edit1:

/s

Slightly more seriously, you could promise to anyone who bought a $10 bill that in some x number of years they could redeem that bill for $20. This is called "being the Treasury and Federal Reserve".

The hard part is finding a way to invest the $5 of profit they gave you in an asset which will appreciate faster than your promised return.

Edit2:

This is not advisable, see "Bernard Madoff, Ponzi Scheme".

Re:Who Pays the Price for Selling $10 Bills for $5? by Razengan on Friday April 05, 2019 @08:26AM (#19581807)
That gave me another idea which I haven't considered the implications of, but it sounds fun and video game'y:

Electronic/Smart bills, that keep track of how many times they've been used to purchase stuff with.

After a bill has been circulated N times, it increases in value by Y, and/or unlocks special artwork.

Some bills may become highly sought-after collectibles worth far more than their face value.

Would it help or harm the economy?

Re:Who Pays the Price for Selling $10 Bills for $5? by huffmsa on Friday April 05, 2019 @08:50AM (#19581983)
Well that shifts the value away from the bill being a promissory note and back to being the actually valuable item. Kind of like a commodities backed currency, which most nation's try to avoid.
Re:Who Pays the Price for Selling $10 Bills for $5? by Fjolsvith on Friday April 05, 2019 @10:36AM (#19582928)
The amazing thing about currency being actual valuable things (like precious metals or gems) is that it cannot be devalued by "printing" more of it from non-valuable things.

Nations try to avoid this because they can spend freely on a promissory note currency system. It is a recipe for disaster in the long term.

Re:Who Pays the Price for Selling $10 Bills for $5? by 542458 on Friday April 05, 2019 @08:37AM (#19581890)
The difference being that the fed can actually reliably keep that promise, since they can issue new currency and borrow at extremely low rates...

Edit: https://money.stackexchange.com/questions/5400/why-is-the-fr...

Re:Who Pays the Price for Selling $10 Bills for $5? by huffmsa on Friday April 05, 2019 @08:46AM (#19581954)
I'm being a bit hyperbolic, but only a bit.
Re:Who Pays the Price for Selling $10 Bills for $5? by timdiggerm on Friday April 05, 2019 @08:19AM (#19581757)
I believe the plan is to undercut everyone else until all other sellers of $10 go out of business, then bring the price up to $15 and use your position to prevent anyone else from selling $10 bills again.
Re:Who Pays the Price for Selling $10 Bills for $5? by saalweachter on Friday April 05, 2019 @08:17AM (#19581745)
You sell $10 for $15 in 15 easy installments of $1 each.
Re:Who Pays the Price for Selling $10 Bills for $5? by jfk13 on Friday April 05, 2019 @08:38AM (#19581892)
Yeah, the loan-shark model.
Re:Who Pays the Price for Selling $10 Bills for $5? by jfk13 on Friday April 05, 2019 @07:55AM (#19581611)
Micro-engrave artwork onto the bills, and drum up publicity.

https://www.changechecker.org/2016/12/07/look-out-for-these-...

Re:Who Pays the Price for Selling $10 Bills for $5? by ian0 on Friday April 05, 2019 @09:00AM (#19582053)
Easy:

- Step 1: Switch to selling $11 (2 x $5 bills + $1 coin) for exactly one $10 bill, cutting your net loss per trx by 80% and showing how serious you are about going profitable. But its just a ruse, what your really doing is capturing the market supply of 10$ bills.

- Step 2: Once you have this, you can now start selling branded $1000 laptops for $10 (bills). Increasing the value of $10 bills and allowing you to offload your existing stock of $10 bills for $15 (or more).

At this stage you now have (a) an incredibly profitable 10$ bill business, (b) a spectacular growth story in the consumer electronics space with (c) proven ability to reach profitability.

Stockprice ++

Re:Who Pays the Price for Selling $10 Bills for $5? by TorKlingberg on Friday April 05, 2019 @08:42AM (#19581921)
Get people so used to buying $10 bills from you that they stop paying attention to the numbers. Like how a lot of people buy from Amazon without even checking if it's cheaper elsewhere.
Re:Who Pays the Price for Selling $10 Bills for $5? by lewisflude on Friday April 05, 2019 @07:58AM (#19581630)
Commemorative $10 bills like https://www.royalmint.com/our-coins/?
Re:Who Pays the Price for Selling $10 Bills for $5? by benj111 on Friday April 05, 2019 @08:30AM (#19581836)
Just give everyone $15 worth of cryptocurrency!
Re:Who Pays the Price for Selling $10 Bills for $5? by scarface74 on Friday April 05, 2019 @09:05AM (#19582092)
Isn’t that what credit cards do but in the reverse for merchants who accept credit cards? $10 on a card is worth less than $10 in cash.