Deflation, the D word worse than the Depression word.
The way the fed is printing money, deflation is not going to happen. And even if it did, the U.S. economy did fine amidst 40 years of deflation during the industrial revolution: we went from being a nobody colony to being a global superpower.
The HORRORS!
Investments will be re-allocated to other financial areas where they are needed more than in the oil sector!
Free Market Horrors!