(Since you wrote a lot I will too)

"If you read my comment properly, you wouldn't be making this reply. On top of that, you fail to comprehend that deflation is a result and not really a process. Deflation isn't causing lower wages, higher unemployment, and economic stagnation..."

This is misleading. Yes, deflation can be triggered by external factors (like a collapse in demand, a financial crisis, or an oversupply of goods). But once it starts, it creates a feedback loop that actively worsens economic conditions. Lower prices may seem good at first, but they lead to:

  1. Falling corporate revenues, which lead to layoffs and wage cuts.
  2. Higher real debt burdens, as deflation makes existing debt more expensive in real terms.
  3. Reduced investment, since businesses expect further price drops and avoid expansion.

Deflation isn't just an aftereffect of some deeper issue—it actively compounds economic downturns. That’s why economists consider it dangerous.

"I specifically mentioned the buying trends of poor people. Someone who is poor won't go 'Well I won't eat this month because food prices are up 5% from last month.' Not to mention most people are so financially illiterate that they won't even bother to properly compare prices between different brands..."

This argument completely ignores how inflation and deflation affect different income groups.

  1. Low-income individuals spend a higher percentage of their income on necessities, so any increase in price (inflation) or wage stagnation (deflation) impacts them more than wealthier individuals.
  2. Comparing brands doesn’t change the fact that if overall prices go up while wages stagnate, purchasing power decreases.
  3. “It’s expensive to be poor” is true—but that has nothing to do with deflation being good or bad. If anything, deflation increases job insecurity, which disproportionately harms poor and middle-class workers.

"Irrelevant when wages can't keep up with inflation. If inflation happens and your wage doesn't increase proportionally, it means that a larger percentage of your wage goes to living expenses."

This is true in cases of extreme inflation. However, mild inflation (~2%) is different. Historically, wage growth generally tracks inflation in stable economies, ensuring that purchasing power remains steady. The real problem occurs when: