Except I do buy an iPhone. Because I want one. Today. Technology always gets cheaper rapidly. Lots of people seem to buy it. A 4% annual deflation rate would

Except I do buy an iPhone. Because I want one. Today. Technology always gets cheaper rapidly. Lots of people seem to buy it. A 4% annual deflation rate would stop unhealthy debt expansion, which only stimulates short term growth and long term pain. Higher quality growth comes when real economic value is created through transactions rather than speculation or inefficient investment.