Deflation is universally considered bad, I don’t think there are many economists, if any at all, who think it’s a good thing. The problem with deflation is that everyone stops consuming in hope of better prices, like Japan, and the way they dig out of deflation is via artificially inducing inflation. It is definitely an easier problem to solve than excessive inflation, but deflation usually underlines a bigger problem with the economy.

> The problem with deflation is that everyone stops consuming in hope of better prices, like Japan...

May as well say the problem with inflation is people stop consuming because things cost more, like Tuvalu. You've picked a random high performing economy and claimed that its existence shows that people buy less when prices drop (an exotic claim). It is an unusually weak argument because it contradicts basic supply-demand logic and you've put your fingers on no evidence.

One of the reasons democracy works so well is that voters ignore that sort of unsupported just-so economic mumbo jumbo and vote for change when their living standards drop. It isn't a great algorithm but it is a lot better than the alternatives.

100% - that is exactly it