Merry Christmas and happy New Year To All!! As per the news this morning, Singapore's CPI (Consumer Price Index) - All items in November 2014 dipped to -0.3% from 0.1% in October 2014. This marks the first deflation for the republic in 5 years. This morning, shared the news with my wife and we had a brief debate about whether deflation is good for us (general consumer) or not? My view is that it is good for us since we can prolong the inflation rate and preserve the value of our money longer. My wife view otherwise as she think that if the economy if not moving forward in a prolonged manner, ultimately the consumers might suffers (e.g. in the form of lower or no salary increment etc...). Maybe I am having a short term view and my wife is having a long term view. Of ......