Net evaluation: Why has the Rmb depreciated and still deflation? Continuous depreciation is due to too much money being printed, and deflation is because the printed money hasn’t reached the hands of the common people, so goods will become cheaper and cheaper. So he asks: What's wrong with deflation? Isn't it better that goods are cheaper? A minister said: When society lies flat, living off the state, the prices of goods can even go to zero, and business is silent, no longer circulating.