Well. Assuming an efficient market, and given equal levels of price stability: taking a loan in a deflationary currency should not be more any more risky than t

Well. Assuming an efficient market, and given equal levels of price stability: taking a loan in a deflationary currency should not be more any more risky than taking a loan in an inflationary currency. Nor should the real price substantially differ. Of course, psychological perceptions are a trickier matter, which is why we hear about "sticky wages"...