[ReadMyMind]

deflation is a monetary phenomenon, the destruction of capital.

Are you saying someone is burning big piles of currency?

[oldcomputerguy]

In essence yes.

We have "burned" about 7-8 Trillion in the stock markets in the last few years alone.

Large corporate bankruptcies of late have "burned" billions more of debt written off.

[oldcomputerguy]

This results in the removal of money from
the system. This then results in too many goods
chasing too little money or price deflation.