Debasement - How To Discuss

calendarApr 11, 2023 · 1 min read  ·
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Debasement,

Definition of Debasement:

  • The action or process of reducing the quality or value of something.

  • Debasement refers to lowering the value of a currency, particularly one based on a precious metal, by adding metal of inferior value.

  • Debasement has been common throughout history. In ancient times, governments would debase their currency by adding a lower value metal to the gold or silver content of the coins. By mixing the precious metals with a lower quality metal, they were able to create additional coins of the same denomination, essentially expanding the money supply.

  • To decrease the amount an investment is worth.

    • How to use Debasement in a sentence?

  • In ancient times, debasement was implemented by mixing a lower value metal to the gold or silver content of coins. In modern times, governments debase a currency through monetary policy i.e., by increasing or decreasing the money supply.
  • Debasement gives more money to governments for spending while it results in inflation for citizenry.
  • Debasement refers to lowering the value of a currency.

    • Meaning of Debasement & Debasement Definition

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