Look at the lost decade in Japan.

Lost decades in Japan. That said, the average Japanese individual lives better today than he or she did 3 decades ago. We see how deflating of prices helps people.

Inflation is bad, deflation is worse.

Neither is good or bad. They are part of economic and monetary cycles. For the last 4 decades, in the US, we are in a deflationary supercycle. The is no doubt that life has gotten better for the average person in many ways.

Hyber of either is very bad and we could be facing hyper deflation without the money printing. When you look at the advancements being made in AI and the deflationary impact, we could see a time when this becomes a reality if not addressed.

Sadly, most are still stuck in the 1970s mindset that all this money printing will lead to inflation. Record deficits around the world by governments and we still see major economies contracting. The velocity of money is about zero at this point.

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