Going down...?

So deflation is a bad thing? Not for us pensioners, it isn't. Lower prices? - Bring 'em on! Apparently it's bad news for borrowers - well tough! Everything so far has been for their benefit, so if deflation redresses the balance somewhat, that's fine with me. Of course, it appears that it's not in the best interests of the country as a whole, so the Government probably won't let it happen...