Deflation is also bad for small business and those who are trying to sell goods or services
Only if it is ALL LEVERAGED, which by most accounts it is. Only those that are DEBT FREE will survive when all is said and done.
Those that are debt free will obviously do better. Deflation is terrible for all businesses, and in deflation millions more will lose jobs. I see a “global reset” as the option our global political masters will take. It will mean global tyranny and slavery on a scale not seen in all of human history.