Might be useful to differentiate asset deflation from other forms. Asset deflation is neccessary to spread wealth more evenly around the world. Such a policy is

Might be useful to differentiate asset deflation from other forms. Asset deflation is neccessary to spread wealth more evenly around the world. Such a policy is he most "progressive" policy given the current skew of asset distributions. Its possible to de-link asset vol from job creattion. Look no further than the recent inflation of asset values and the lack of net-job adds. So, as it is on the way up...so it is on the way down. The beauty of variance and volatility is that they are naturally "neutral" terms. The argument that there needs to be inflationary bias to create jobs is weak on many levels. This is just one.