> Are there any examples of deflation actually being harmful in an economy? According to the Federal Reserve Bank of Minneapolis, no: https://www.minneapolisfe

> Are there any examples of deflation actually being harmful in an economy? According to the Federal Reserve Bank of Minneapolis, no: https://www.minneapolisfed.org/publications/the-region/deflation-should-the-fed-be-concerned https://www.minneapolisfed.org/publications/the-region/defla... In fact, one of the theorists there suggested a rate of -3% (or 3% deflation) might be optimal.