[ulzeraj]

> Inflation encourages spending > Incentive to spend.

So less crap being produced and bought in a whim and more decision making process on purchasing long lasting quality products (like it used to be). Less cheap plastic trinkets, less planed obsolescence.

Please sign me up for that wonderful deflationary world!

[BobbyJo]

> So less crap being produced and bought in a whim and more decision making process on purchasing long lasting quality products (like it used to be). Less cheap plastic trinkets, less planed obsolescence.

Not really. Just more cash held instead of productive assets. The only thing a deflationary currency chang's about an economy is giving everyone a default investment strategy that wastes output.