When was the last time we had a deflationary spiral? The 1930s? And how long has kenyesian inflationism been trying to "fix" this issue? And exactly how many global economic crashes have happened under the system that is supposed to prevent them? Additionally, exactly how much damage has been caused by the destruction and pilfering of the dollar's value, and exactly how much good has inflationism done to offset that? Judging by how harshly everyone speaks about wanting to behead billionaires in the streets, I would say that things have "gone bad", in very light terms.