Yes. The period from the late 1870s to about 1900 experienced the most sustained natural price deflation probably in US history, and it also happens to be called “the Industrial Revolution.” And the greatest period of rising living standards occurred during this as well.
The reason recent “deflationary” period are called recessions or depressions is because they are *credit* deflations. It’s caused by excessive fiat debt issuance from thin air. Look at Japan for the past 20 years, look at the Great Depression. Check the debt levels, they are credit deflations, not deflation from growth.
But the most obvious actually right in front of you. It’s the phone you’re holding in your hand. The price deflation in computers and electronics has been so extraordinary that its even outpaced inflation by an order of magnitude. But it’s the *exact* same thing. If you cram 10x the amount of gates in a chip or build a machine that produces chairs at twice the rate, you’re doing the same thing, improving productivity and output and lowering the cost of the good.
That’s natural deflation. We would have that in every sector, in every good and service, essentially always, if we had sound money.
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Industrial Revolution thrived under deflation, yet Rothschilds and Rockefellers peddle inflation to enslave masses.
The Great Depression was a purposeful act. And, IMO it was because the jews could see the rise of Hitler coming in Germany as he was getting out of prison with rising popularity among Germans.
Here is an interview with Norman Dodd (Banker) who lead the Reece Committee (conducted by G Edward Griffin) in investigating Tax Exempt Foundations.
NGO's and Tax Free foundations are what Rothschild and lesser jews hide behind, as they put the Shabbos Goy Elon Musk on all the TV channels calling him the richest man ever.
Dodd was tasked specifically to investigate the reasons behind the1929 crash, and was stonewalled with the old trick of "antisemitism"
In this interview somewhere he mentions this.
It's the jews
Oh so there were no bank panics or depressions in that period?
(There were several, which is why historically, deflation is seen as a highly destructive to economies. It's only the Austrians at the fringe making the argument that deflation is correlated with growth. Even Milton Friedman argues that the Golden Age was such an unprecedented growth period, that it *counteracted* destructive deflation; worked in spite of it.)
