This is simply not true. If deflation is low, it is not a big issue, much like low inflation isn't a major issue. Hyperdeflation causes problems, as does hyperi

This is simply not true. If deflation is low, it is not a big issue, much like low inflation isn't a major issue. Hyperdeflation causes problems, as does hyperinflation. The arguments against deflation don't really add up. There are numerous examples of deflation working in economies today. Example: Cars which lose 20% of their value upon purchase, and around 10% per year until they're worth scrap metal. If the Keynesian economists are to be believed, then nobody would ever buy a car! If they just held onto the money, it would be worth more than the car will be worth 1 year later. What reason would anyone ever have to invest in a car? For some odd reason, nearly 80 million people do it every year. Computers and Moore's law are another example. Why would anyone buy a computer now when they can just wait 18 months and buy one twice as powerful? People change their spending habits when deflation occurs, moving from high time preference to a lower time preference, but investment doesn't stop. The most savvy investors will take the opportunity to try and increase their assets by productive means, so as to compound the effects of the deflation. If people end up out of bullshit jobs, perhaps they could learn to code or something, instead of begging to state to steal other people's money.