[bananabreakfast]

Yes, that's a bad thing.

This is the primary mechanism that has stagnated Japan's economy since their asset bubble burst in the 80's.

If you want to start a business you need investment and customers. You will get neither if everyone is hoarding cash. Investors will not stomach your risk when they can just safely sit on their balance. Customers will hesitate to buy your product because they will always expect your prices to go down the longer they wait.