Deflation also helps creditors and hurts those in debt, so it swings both ways. Often the Libertarian/Austrian-econ crowd posits a false choice between deflati

Deflation also helps creditors and hurts those in debt, so it swings both ways. Often the Libertarian/Austrian-econ crowd posits a false choice between deflation and hyperinflation, both are bad, and ignores the third option which is an inflation rate that's non-zero, but low and stable.