That's good advice on handling minor accidents with cash on the spot, especially if your car or theirs is a beater. The one time someone sideswiped me, I didn't even care and let it go, since my car was going to the junkyard soon.

The other "good" news is that gas just hit an average of $5 a gallon in the US, so it will soon be too expensive for many to drive. Maybe not entirely good news, but a silver lining in the inflation.