[dalereed]

"If inflation is bad, is deflation so great?"

If wages fall in relation to prices it's good as potentially it puts you into a lower tax bracket resulting in greater purchasing power per hour worked.

[A. Pole]

If wages fall in relation to prices it's good as potentially it puts you into a lower tax bracket resulting in greater purchasing power per hour worked.

Hmm, really? You know, you can give part of your income to me. You will lower your tax and raise mine. I am willing to make this deal with you.