Is There a Cost Penifan Analysis for Deflationary Systems?

One of the big critiques of deflationry system so big poin, obviously being one on a structural basis. In general, a deflationary systems is that you will kill velocity of money,. and you will kill any sort of true economic growthr now i always say, ok, but that's one argument. There's another argument, which is, no, the loose monetary policy and the continued devaluation of a currency essentially is a a incentive for people to get rid of the cash. So whether you invest or you consume, do it. And unfortunately, financial education is not very pervasive in the united states or elsewhere. Most people, they consume rather than go and invest in any material way

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