So eloquently put Jeff . It is re-enforcing what David Deutsch advocates in his book “ The Beginning of Infinity “ Humans are always at the beginning infinity because we are always seeking a better way/explanation of how things work. Hence your statement that “The natural state of the free market is deflationary “ . We have never live without n a “natural state” because of “bullies/government “ prevents criticism which is the only way we can arrive at a better explanation for any problem.