Deflation would have been the best thing for the Us economy but wall street and the fedre convinced congress the world would stop spinning if that happened. 2002-2006 was great because it allowed smart broke people to become rich and the rich people to become richer. If you didnt know what you were doing then you see what happened with all these underwater mortgages. Deflation would have benefited those who have no debt. Lower prices for everything except possibly oil thanks to all the manipulation.
