tag:blogger.com,1999:blog-14834651.post113389400840179158..comments2024-02-12T05:57:37.295-05:00Comments on Dude, where's the Dharma?: Bastiat's house floods, productivity risesDudehttp://www.blogger.com/profile/06849866517236034909noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14834651.post-1133903163294391172005-12-06T16:06:00.000-05:002005-12-06T16:06:00.000-05:00Jeff,You have touched on what I believe to be a ve...Jeff,<BR/><BR/>You have touched on what I believe to be a very key issue, the declining utility of "money" or perhaps more properly stated, "credit." Inflation, as Friedman argued, is everywhere and always a monetary phenomenon. It is too bad that Friedman never ran in Robert Pirsig at the Universtiy of Chicago as Pirisg, of the metaphysics of quality and Zen and the Art of Motorcycle Dudehttps://www.blogger.com/profile/06849866517236034909noreply@blogger.com