Deflationary currencies don’t lead to price stability in non static economies. Just look at the 1800s with the constant violent price swings and western economies being stuck in a permanent boom and bust cycle that culminated in the Great Depression (or more accurately the Great Depression II)

> People seem not to have a justification for why deflation

They obviously do. Because it disproportionately disadvantages debtors, makes investment much riskier and rewards rentiers, therefore reducing the economic productivity.

> one of these terrible deflationary events happen the country involved tends to end up a really nice place to live

Yeah, I think you need some additional arguments and data to establish that there is a causal link between these two. Same could be said about the economic booms in the US after WW1 and WW2 (to an extent the Civil War as well).

Yep, and with China installing gold vaults everywhere it seems likely that the course of events will be an inflationary episode in the West followed by a dive back into Kindleberger Problems as they try to eat their cake and have it too.