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View Diary: Milton Friedman, free market hypocrit, died (101 comments)

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  •  Is there more money in cirulation now.. (0+ / 0-)

    ..than there was five years ago, or ten years ago or twenty years ago? Think about it.

    If the ammount of currency in circulation had remained the same we'd still be living in the Great Depression.

    •  Yes (0+ / 0-)

      That's not really relevant here though. Inflation always goes up, I think.

      I'm not saying that relative prices haven't increased, or that that isn't important. When you use words incorrectly, it makes people who know the correct meaning think you must be wrong, even when the substance of your point is correct.

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