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@taskmaster4450le
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...then it will experience deflation. I'm not sure why that is a bad thing

What makes you think deflation is a good thing? People presume that it is. What happens during deflationary periods? People lose jobs. Is that a good thing? Economic contraction takes place. Not a good thing.

Was the Great Depression a good period? No doubt that was deflationary. How about the last 25 years in Japan?

How would you like to see the value of all your assets decreasing. Would that make you happy?

I dont get how people feel wide spread deflation is of benefit. When you follow it all the way through, a lack of investing due to no returns means society will stall.

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