I hope I'm not alone in not buying this whole "deflation is bad" argument. By your logic, Samsung should be broke because the SGS3 that used to retail for $800 is now available for $350. And by the same logic, I will never buy a computer because in a month's time it will always be cheaper than buying today.
Thats not currency deflation. Cellphones and computers actually are getting cheaper to produce. Its called an increased productivity and if that is what is causing the price deflation; then there is nothing wrong with that, on the contrary. We had the same during the industrial revolution; we got massive increases in productivity causing price deflation. But also causing more production of actual physical wealth because we produced more goods more efficiently. As a society we actually got richer and the increased purchasing power of our money was just a reflection of that. But you cant reverse that. Making money more scarce doesnt cause an increase in productivity or production, let alone wealth- anymore more than printing more money can make everyone rich.