Deflation is much, much worse than the inflation we are currently experiencing. The US was in a 50 year depression starting in 1860 largely due to ineffective m

Deflation is much, much worse than the inflation we are currently experiencing. The US was in a 50 year depression starting in 1860 largely due to ineffective monetary policy which caused deflation. Small amounts of inflation are in fact a good thing, as it encourages loaning money.