I will talk about the second point.

If I want to buy a house and I cannot afford it, I will wait till I have the money OR, till the price falls and I can afford with my savings. Maybe I'll buy the house next year when the price drops a little more or buy a bigger house. Why wouldn't I buy the house if I really desire to? Well, maybe I will just live for rent and no problem too.

We already live this situation with smartphones... Each day they're getting cheaper and we are buying them. It is a stimulus to the companies make them better. Anyone, nowadays can afford a great mobile phone even with a few bucks.... Imagine a world where anyone can buy a GOOD house, even with a few bucks. Maybe that is not the best analogy, but it is definitely the point to understand a deflationary currency world.

We are so used to an inflationary currency world that a deflationary is a paradigm break...