But the government itself has tons of debt. Martin Armstrong predicts that by 2020 the government will be using most of tax revenue to pay interest. So although massive deflation makes people slaves to mortgages and student loans, it will also make the US government a slave to its creditors. Wouldn't the government want a middleground between hyperinflation and hyperdeflation?

Even Aristotle (384‒322 BCE) would not understand: “the capital or money is money because it is beloved of the one basis point” (qtd. in username18333).