Why we will not see deflation

The recession is officially over, and has been for a while. But what about the stagnation and record low interest rates? Does that mean we're going to have a "lost decade"?

We are not Japan, and our government will never allow deflation since it can print as much money as it can. Think of what would happen if everyone was suddenly given $1,000,000. Think that would get spending started and inflate prices? This article goes into good detail about this concept.