I sure haven’t seen a lot of that (understatement of year). Deflation means a dollar kept as cash will be worth more goods in the future, not less. Au contraire, it is surprising that prices haven’t gone up more than they have with all the funny money that the Bummer and the Ratgress have supposedly stimulused into the economy. The saving grace may be that banks that get their hands on these newly printed, borrowed dollars are socking them away like they’re going out of style, and so they sit in vaults instead of running around the economy driving prices up madly a la Zimbabwe.
We are following Japan’s path since 1989, not Zimbabwe.
That’s my thinking and observances too. What to do and what to hold? Dollars? Gold?
Think of it more as impounding more and more and more water behind a weakened dam with busted floodgates.
Lake Missoula can be filled to the brim, and what will be the scablands can still be as dry as a popcorn fart...
...until the day the dam breaks and sweeps everything out of its path.