Disagree. I’ve been living in that world for a number of years now, and do both

Luxury items. Investments. They’re all very possible on a deflationary money, it’s just that the bar for quality is a lot lot higher, therefore the purchase is less frivolous

I look forward to capital allocation in this environment as a norm, as I believe we will see productivity actually boom, with people forced to become even more innovative

And yet I am. Disproven already. You failed dumbass.