Eli5: Why is deflation more difficult to fix than inflation?

Question

Eli5: Why is deflation more difficult to fix than inflation?

In: Economics

Answer 1

What? Ohhohoho, no sir, it is SUPER easy to fix. Just print more or otherwise make people lose faith in the value of your currency. No, deflation is super easy to fix.

But it’s a bad thing to have in general because people will hoard cash rather than investments.

We want people to use their money, not sit on it.