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Is inflation more severe than deflation? Why? Or why not?

Is inflation more severe than deflation? Why? Or why not?

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Answer #1

Inflation in simple terms is rise of general price in goods and services for a given period of time .

deflation on the other hand is the general decline of price of good and services in which there is a contraction in the supply of money

for any economy,inflation cannot be ignored and at some level it is also good because it increases national output ,employment and income but deflation always come with disadvantages like during the deflation which causes national income to decline, take the economy backward in a depression state etc.

so inflation is not more severe than deflation

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