Deflation, as demon, is a myth. At the very worst, it is a natural but potentially very painful bursting of a bubble, itself a metaphor for that desperately dangerous illusion that is fake growth. But the real danger is inflation, as this truly great economist reminds us.
I wonder if Brown, the man who really has put Britain on the road to serfdom after that terrible decade of his Chancellorship, which saw him deliberately overheat the economy, itself enabled by his precipitate deregulation of the banking industry, while he also indulged in politically motivated deficit-spending, has ever even bothered to read him. I very much doubt it. And if he has, it's clear Brown had no interest in comprehending him, even if he could.
It's certainly the case that St John of Deficit (Keynes), darling of the Left but totally misunderstood by them, would agree with Hayek, not Brown, on how to deal with the current slump which Brown, an economic illiterate, helped enormously to create. Printing money, route one to the creation of an inflationary timebomb, is not the answer. Facing reality and cutting back intelligently is.
I hate to think what Hayek himself would have to say about Brown's current, suicidal expansionism. It would be polite, but it would not be kind!