::[[Inflation]] kills the [[Protestant work ethic]], to work hard, save, and invest. Deflation gives an incentive to save and not squander one's resources on [[consumer good]]s before your [[money]] loses any more value. | ::[[Inflation]] kills the [[Protestant work ethic]], to work hard, save, and invest. Deflation gives an incentive to save and not squander one's resources on [[consumer good]]s before your [[money]] loses any more value. |