Yes,
BUT the WORST movement on your lower back.
Its the spine dr's favorite exercise, gets him all his patients.
It's the worst one for the back because so many retards make it that way. Exercises are only as safe and effective as they are executed. If you deadlift like a dumbass you will get hurt. If you are smart and understand your body you can do it just fine. If that means you need to elevate the bar a few inches then do it, if that means you have to use a sumo stance or a trap bar instead of conventional then do it. Same goes for squat.
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