And I'll repeat: You're clueless.
Economic growth is not deflationary. Office rental prices do NOT deflate just because you have a hot economic zone. Home prices do not decline in economic boom towns (look at Vegas, please). Salaries do not decline when your company is growing.
In short, where you see economic growth you see very little deflation, save for very efficient finished products.
Southack, you're really losing it on this thread. Of course economic growth is deflationary. Office rents will decline if our growth included lots of new rental properties. Home prices will decline if we build lots of new houses.
If inflation is too much money chasing too few goods (money becomes worth less,buys less) then of course too many goods chasing too little money is deflation (money becomes worth more, buys more).