The ‘Enemy of the People’ Is At It Again
 by Tom Woods

“The corporate press is the enemy of the people.”

If they wanted 
to, these reporters could find other economists who say there’s nothing 
wrong with falling prices, but since they’re lackeys for the status quo,
 they don’t want us entertaining the possibility of prices that trend 
downward rather than upward, because then maybe we’ll start questioning 
the regime under which we live.

The arguments advanced by “economists” like this, who say falling prices are a bad thing, are unpersuasive, to say the least.
Thus Duncan Weldon writes in The Guardian: “Falling prices 
might sound like a good thing, and in individual cases they often 
are”—hey, he throws us a bone there!—”but a falling general price level 
is usually associated with severe economic strains.”
Where’s his evidence? Not one word of proof is supplied, because 
“deflation causes depressions” is just something all right-thinking 
people know and doesn’t require evidence.
I have a novel idea: how about we check the data?

Full article:
https://libertarianinstitute.org/articles/the-enemy-of-the-people-is-at-it-again/