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Most of the disinformation around "we need inflation" and "deflation is bad" can be understood with one simple pair of facts:

- deflation is bad for debtors & good for savers

- debts represent net destruction of resources, savings represent net creation

So which do you want to reward, destroying or creating resources?

As a product of manipulation, deflation can be terrible as well. Check Brazil in the early 90s.

As long as it is a result of increased productivity I agree it’s probably a good thing.

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