Aren&#x27;t we learning in today&#x27;s environment where prices of many things are going down (or with recent Japan as an example), that deflation isn&#x27;t necessarily bad?  In the past it is associated with recessions, but it may be a side effect of the recession or depression, or an over-adjustment by governments trying to reign in inflation.<p>Economists agree: deflation is either good, or bad, or irrelevant:
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