You're making the mistake here of assuming that the problems of deflationary currency are related to consumer habits. The real problem is related to business ha

You're making the mistake here of assuming that the problems of deflationary currency are related to consumer habits. The real problem is related to business habits. If your cash holdings are growing at 10%/year, you would be downright stupid to hire someone unless they can guarantee a greater than 10% return. If you're a capital holder (like a VC) you would be stupid to invest in businesses that can't guarantee that kind of growth either. Lots of the economy shuts down during deflationary periods, it's why we typically try to avoid them.