To be sure, consumers would benefit from lower-priced goods. But persistent economy-wide deflation can also trigger a vicious cycle of lower spending and investment, leading to even weaker growth and higher unemployment.

Unless countered by increased Government spending, they have implemented some stimulus measures but I hope they go for more.

Governments can always unconditionally invest and spend without caring about turning money into more money.

Capitalist magazines can’t imagine Government doing stuff.