From: Jack T. Bahl Subject: having trouble finding the flaw Professor Block, I received the following from a friend and am having trouble seeing the flaw in the logic that I know must exist: It is a slow day in the small Saskatchewan town of Pumphandle, and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit. A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as … Continue reading A Trick Question in Money and Macroeconomics