A deflating currency is bad for the working class and for economic growth. It is good for the upper-middle classes, who can afford savings but not major capita

A deflating currency is bad for the working class and for economic growth. It is good for the upper-middle classes, who can afford savings but not major capital investment after having paid off a house, but they're surrounded on both sides by a majority whose interests run in favor of moderate inflation (devaluation of debts) and heavy rates of reinvestment.