I agree wholeheartedly. Strong monetary policy is essential to maintaining a strong economy. In the case of deflation, the Federal Reserve expands the money supply to counteract disincentive to invest. Unfortunately, the Fed often overshoots and ends up causing inflation instead since it's very hard to predict exactly how much is necessary. The Fed's job is not to pick winners and losers; it's just to keep the monetary base stable so that individuals can make investments without having to anticipate changes in the value of the currency.