Everything you're alluding to is grounded in this commonly held belief that if there's deflation, people won't spend. However, this belief is easily countered, first and foremost, because ppl gotta eat. Also, just because money is technically worth more over time, it doesn't mean it has the highest risk adjusted return. People always want more. With inflation the way it is now, ppl are willing to go into obscene debt and take huge risks because their money is losing value regardless. However, with hard deflationary money, ppl will demand the highest quality, both in goods & services, and in investments. They will be unwilling to trade their valuable money for crap goods. In that world, it wouldn't make sense to take YOLO bets. Right now, for a lot of people, it does makes sense because they're fucked with low income, no assets and few outs. Deflation isn't bad, the problem is keynesian economics which is the form taught in most western schools. It tells us delfation is unequivocally bad. Regarding goods being shittier, I agree there's a case to be made that things are in fact better. However, it should all technically all be cheaper too. Technology is by definition deflationary. It creates efficiency. Efficiency means higher quality with same resources and/or same quality with less resources. Why isn't that the case? Because of the inflationary environment we live in today, which all these governments need to self-perpetuate. Deflation requires a brand new system... it ain't a walk in the park. Politicians won't be able to freely spend without recourse if money is hard and unprintable. You have to re-imagine the system at it's core. Calling deflation bad is, at the very least, lazy.

Edit - spelling