Perhaps you should think about mentioning in more depth the consequences of deflation. You were so optimistic about how great a deflationary environment might be. The late 19th century was a time of bank failures, panics, depressions, and farm failures. There is a big difference from an inflationary environment and a deflationary environment. We are all prepared for the former.
Some inflation can be good.
Each year you make a little more money, which at least feel satisfying. If you are retired it isn't so pretty, but now we have benefits indexed which greatly lessens the impact of inflation. However I don't think we have any controls in place to stem the effects of deflation. If so, in a deflationary environment they will be making out like bandits. In deflation, anybody in debt is in serious trouble.