Question: Disregarding risk, if money has time value, the future value of some amount of money will always be more than the amount originally invested, and

Disregarding risk, if money has time value, the future value of some amount of money will always be more than the amount originally invested, and the present value of some amount to be received in the future is always less than that future amount to be received.

True or False? The wording of the question concerns me. Technically if a country is experiencing deflation, the statement would be false, right?

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