In last year’s survey, 44 per cent of Japanese said deflation was “favourable”, while a further 35 per cent felt neutral about the phenomenon – and just 20.7 per cent described it as “unfavourable”. Since then, the negative reaction has risen slightly. (
majority (?) voters are aging. and they have cash and bonds. and they don't need any inflation. but if the mainstream is right and positive inflation is better for asset growth in real terms, means the younger generation is completely against deflation (will). at all, Japan, this is the future center of turmoil. very IMHO and very not now.