And indeed if consumers didn't delay purchases, we wouldn't see deflation. Businesses don't collectively decide to reduce prices month after month out of gener

And indeed if consumers didn't delay purchases, we wouldn't see deflation. Businesses don't collectively decide to reduce prices month after month out of generosity. They do it because the economy is in a position where none of them are selling enough at the current price. If everyone is selling less stuff at lower prices, then sooner or later the problem becomes the employees'...