> Inflation is a "tax" on owning money, an equalizing force if you will. Deflation is a "tax" imposed that benefits large holders of the currency on people who

> Inflation is a "tax" on owning money, an equalizing force if you will. Deflation is a "tax" imposed that benefits large holders of the currency on people who hold less or none of that currency. The problem is that these “large holders of currency” are the poorest people. Rich people have their wealth invested in various assets, e.g. stocks, bonds, land. The poorest people live paycheck to paycheck and can’t possibly invest in anything.