Nobody is arguing for a permanent deflationary economy, just that the FED unwillingness to follow it's mandate for a stable currency and permit chronic inflation is nothing but theft.
[quote]Deflation increases the value of your savings, thus discouraging you from working[/quote]
Really? So I just got a 'raise' at work from deflation, somehow that is demotivating? I am not going to bother with the rest of what you are saying. Inflation is a hidden tax that is destructive to savings and the economy.