I don't agree but that is coming from a place of ignorance.
Where are the examples of deflation being a huge problem?
Not sure if this lady knows what she is talking about but seems logical to me. Reading the key takeaways anyway. Maybe some confirmation bias choosing this link.
https://www.investopedia.com/article...ad-economy.asp
Yes sure a debt deflation will cause asset prices to fall and people might close their wallets for a while in a self reinforcing cycle but you will still need to eat, fix your house and buy a car if you need to. Investment opportunities will open up debt will be defaulted on. "Creative destruction" is a current buzzword, apply it to the financialization of the economy and it doesn't seem that bad.
Without it we will get continued inflation which to date has only been good to the owners of houses and other assets and if the Central Banks succeed in inflating away the debt at the expense of savers and non-asset owners it seems a little unfair. I suspect I am arguing with home owners whose property prices will have a big effect on their retirement plans so they can see the benefit of inflation daily in house price rises.
Money for nothing, someone else is paying for your free lunch.