This is just plain wrong. The majority of people don't get to "decide" to spend/save, they live paycheck to paycheck. The people that can make that decision are actually incentivized to NOT spend but to "invest" (aka loan) because interest rates are higher, and thus get better returns.

Inflation is really a wealth transfer from the poorest to the wealthy since wages don't keep up with inflation.

Now you can figure out why deflation is considered a bad thing by mainstream media.