Citation? I have no dog in the fight—I am not emotionally invested in some particular version of the history of the Weimar Republic—but I thought it was the opposite.
I don't think moderate deflation after a period of hyper-inflation is much of an argument. It's just a weird little gotcha that someone who doesn't want to abandon their priors will whip out. Not compelling at all. It's like claiming a failed medical intervention is the cause of a death because it had some negative effects that might have even made things worse, but the patient was already sick and dying. Many cancer patients die from the effects of chemotherapy before the cancer itself gets them, it doesn't mean cancer is actually good.
Minor by comparison to the hyperinflation experienced? Yeah. No I don't need a mirror, I can see myself clearly.
This whole thing is just a distraction that I didn't even bring up though, it has nothing to do with my original points. I wouldn't want to experience prolonged deflation at that rate either, markets rely on a certain level of stability and predictability to function well, everybody benefits from that and I would not argue otherwise.
Yeah. The last time deflation happened in Europe, it resulted in Hitler coming to power.
Not kidding, Hitler came to power after a period of _deflation_ in Germany.