How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?
(lemmy.dbzer0.com)
It's still true that a deflationary economy would be a mess though. If we had deflation, the rich wouldn't even bother investing and would literally just sit on a pile of gold like Smaug. I know trickle-down doesn't work but an economy where nothing circulates would be hellish.