[BfloGuy]

Because it hurts investment, reduces employment, increases loan defaults, reduces borrowing and shrinks business creation.

I don't know why I continue to waste the pixels.

The only deflation that does what you state is the deflation created by the Federal Reserve Bank when it raises interest rates above the artificially-low rate it had imposed previously.

Are you truly unable to see the difference between that and the price reductions caused by improvements in productivity? If so, why?

[Toddsterpatriot]

The only deflation that does what you state is the deflation created by the Federal Reserve Bank when it raises interest rates above the artificially-low rate it had imposed previously.

I guess you missed the Panics, Depressions and Crashes that occurred when we had no Central Bank and which caused the deflation that you claim is impossible?

Are you truly unable to see the difference between that and the price reductions caused by improvements in productivity? If so, why?

Are you truly unable to remember post #5? If so, why?