> The main argument the inflation lovers propose is, “well if the prices keep going down then people won’t buy anything as they’ll just wait longer for the prod

> The main argument the inflation lovers propose is, “well if the prices keep going down then people won’t buy anything as they’ll just wait longer for the product to get cheaper.” I'm not sure if I have seen that argument very often. It's not a great one, for sure, because at some point prices kind of just stabilize long enough for people to decide it's time to make a purchase. So sure maybe that happens in the short term, but not the long term. The inverse is true too - people are rushing out to buy cars and things anticipating the prices will continue to go up. The strongest argument I've seen against strict deflation just comes down to competitiveness of exports.