Ted Lemon on Nostr: I am not convinced that negative inflatiion is always a bad thing. Of course it's bad ...

I am not convinced that negative inflatiion is always a bad thing. Of course it's bad for homeowners when prices go down, but that in itself causes serious problems—we can't have more housing, because prices would go down. If you owe money, again deflation is bad and inflation good. But prices dropping because they rose due to profiteering doesn't seem like it would be a problem for anyone other than profiteers.