No. In the real world there are tiny little behavioral complications like price-setters being more reluctant to lower prices than to raise them (especially wag

No. In the real world there are tiny little behavioral complications like price-setters being more reluctant to lower prices than to raise them (especially wage-takers and wage prices) and people trying to hold more money as they feel less secure or as prices are falling, and these add up to huge macro effects that prevent this neat scenario from being remotely true in reality. In reality, too little money flowing often prevents trades from occurring. Understanding that is practically the story of the last 100 years in economics from Keynes to Friedman to Scott Sumner.