Some people really have no grasp of devaluation, specially on the more stable economies of the world (read: USA), it's easy to forget how bad inflation can get when you've never personally experienced it in a significant manner. Now I know the USD has steadily inflated over the years, but it's slow enough for people not to notice the harm it can cause, and makes it hard to gauge how different things were, specially with all the new technologies that come up, it always feels things are going forward at a steady pace and they don't care much about the economic side of things.

I wonder what pointers you use to call a deflation is on the horizon, I've been hearing for months about how many economies will crash, I'm no economy expert but I've lived through several economic depressions in my home country which gives me just a tad more perspective, but not enough to call future behaviors of things.