Electronics have become cheaper through gargantuan investments of capital. Such investments are actively discouraged by deflation.
And in an inflationary world, you can just park your money in government bonds (effectively returning it back to the Fed) to beat inflation most of the time. Inflation doesn't force you to spend your money productively
Putting your money in government bonds or an interest earning savings account is by definition, putting your money to work. Sure, you aren’t doing anything with it, but whoever is paying you interest is only doing so because they expect to make more money than they borrowed.
This comment avoids responding to the actual point about electronics, which is that deflation is alleged to cause certain effects, and when we observe deflation, we don't actually observe those effects, so why is that?
Electronics have become cheaper through gargantuan investments of capital. Such investments are actively discouraged by deflation.
And in an inflationary world, you can just park your money in government bonds (effectively returning it back to the Fed) to beat inflation most of the time. Inflation doesn't force you to spend your money productively
Putting your money in government bonds or an interest earning savings account is by definition, putting your money to work. Sure, you aren’t doing anything with it, but whoever is paying you interest is only doing so because they expect to make more money than they borrowed.