No, because it's a boogeyman.
The world should get richer, and things should get cheaper. Creating wealth is good.
The world should get richer, and things should get cheaper. Creating wealth is good.
Holding your breath will leave more oxygen for whoever survives .... but there won't be as many who need it left alive.
Deflation is deadly unless you worship coins as the only valid measure of economics.
Or don't, I've heard it hundreds of times, and it's still nonsensical, and it's unbelievable that people are being constantly harmed by inflationary monetary policy on such a ridiculous justification.