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4 March, 05:19

If deflation occurs and your income is fixed, your real income:

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  1. 4 March, 05:34
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    Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.
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