Yep. Having 15% inflation cancelled out by 15% deflation is superior to relatively consistent 2% inflation for rich people who don't need to spend their money,

Yep. Having 15% inflation cancelled out by 15% deflation is superior to relatively consistent 2% inflation for rich people who don't need to spend their money, and prefer to preserve their wealth over decades without risking investing it in something productive. It's not for people who can afford 15% less food that year, or people trying to invest money in actual businesses.