More deflation increases the value of debt, making it harder to write off, no? Also, almost everything I've ever read about Japan (not an expert) has blamed th

More deflation increases the value of debt, making it harder to write off, no? Also, almost everything I've ever read about Japan (not an expert) has blamed the high savings rate for the deflationary spiral there. As far as the general idea of keynesians being wrong, they have 29-32, 32-37, 37 double dip and the Japanese situation at the turn of the century as data points in their favor.