In other words it's reduced to the appropriate level with proper incentives that actually match the real world. Any more investment than that will only serve to create more malinvestments.
Discussion
no.
a purely disinflationary environment doesn't create some magic level of "appropriate investment"
it incentivizes not investing at all.
unless you can be *sure the investment will beat the appreciation the money would have anyway.
Which creates the environment for appropriately investing... You should not be investing in something that you don't know will provide you a return on investment... That's the whole point.
whatever dude.
at this point you're just wilfully ignoring what I'm saying.
good luck with your binary thinking.