Which is worse Hyperinflation or Deflation?

[Okay, maybe Mike Johnson is a competent parliamentarian.]

People are actually arguing hyperinflation is worse than deflation? My God this forum is full of morons.

Hyperinflation is worse than deflation. This is not actually a remotely controversial position.

Deflation basically means economic depression. Hyperinflation might eat out most of growth, but it doesn't generally lead to the same lows.

Well, speaking purely about economies, would you rather live in 1990s Japan or 1920s Germany?

Sorry, Antonio, but--while I'm not an expert on the subject and could be misinformed by the economic education that I do have--I'm going to have to part company with you on this one.

[Okay, maybe Mike Johnson is a competent parliamentarian.]

For sure I prefer deflation.  All things equal I prefer deflation over even small amounts of inflation.

jaichind's got money in the bank.

Yes, I am a significant creditor so all creditor prefer deflation. 

But it is more then that.  It is also a function of the fact that I reached a point in my career where I am doing a good job at megacorp with high compensation where I can argue I am overpaid.  Since I am doing a reasonably good job my megacorp will not cut my pay but they could slowing have my compensation increase fall short of inflation as a way to adjust my compensation in line with my contribution.  Deflation or very low inflation would not allow them to do this to my benefit.   I am fine with any inflation below 2% although I prefer deflation from a compensation management strategy point if view.  Looking ahead, using inflation swaps, CPI is expected to be around 2% the next three years and around 2.5% over the next 10 years.  I could live with that as I am working toward semi-retirement 3-4 years from now when this concern about being overpaid would not matter anymore.

Oh, surely that's a fine set of reasons for you to prefer deflation, but this thread is trying to establish what's worse. That isn't all about you.