[vkou]

You may not be so rational, but investors will be.

If deflation were 3% a year, nobody would invest into anything short of a golden goose. Why risk your money, when you can sit around, do nothing, and have it earn value for you, with zero risk?

In fact, if we were looking at a long-term deflation of 3%/year, I'd stop working, sell all of my investments, stick my money in a mattress, and retire tomorrow.

You tell me whether or not that is healthy for the economy.

[amiga_500]

99.9% of people aren't in that financial position. It's a completely out of touch scenario.