Reply To: Japan and deflation

[jmherbener]

Take a look at this monograph by Guido Huelsmann:

http://library.mises.org/books/J246rg%20Guido%20H252lsmann/Deflation%20and%20Liberty.pdf

And this article by Joe Salerno:

http://mises.org/journals/qjae/pdf/qjae6_4_8.pdf