Different types of goods are affected differently. Groceries aren't affected at all, but for large purchases there is empirical evidence that expectations of de

Different types of goods are affected differently. Groceries aren't affected at all, but for large purchases there is empirical evidence that expectations of deflation lead to a general decrease in spending: e.g. https://www.dallasfed.org/assets/documents/institute/wpapers/2015/0226.pdf https://www.dallasfed.org/assets/documents/institute/wpapers... , http://www.tandfonline.com/doi/abs/10.1080/13504851.2015.1100242?journalCode=rael20 http://www.tandfonline.com/doi/abs/10.1080/13504851.2015.110...