Exact(1)
"While the system will be saved at any cost, and the government will spend whatever it can spend until the financial markets rebel, the ultimate cost here will be in inflation and the increasing debasement of the purchasing power of the U.S. Dollar". Hyperinflation Update 2010, John Williams)[6].
Similar(59)
Ruthless exploitation of every available resource (notably of much of Saxony, which was under Prussian military occupation during most of the war), debasement of the currency, and a British subsidy that he received in 1758 62 allowed Frederick with increasing difficulty to keep up the unequal struggle.
And by increasing the likelihood of a future debt crisis, the pledge virtually assures future explicit tax increases in the form of higher interest rates and debasement of the currency.
His new gold coins (issued in conjunction with the older) of a quarter aureus and eighth aureus were soon abandoned (each are known from only one specimen), and 1/16 aureus coins have been found, though these are more likely to be deliberate debasements to increase profit (Aksumite gold was generally very pure, however).
Rather than being seen as a means to help exporters, the debasement of currency was motivated by a desire to increase the domestic money supply and the ruling authorities' wealth through seigniorage, especially when they needed to finance wars or pay debts.
Many, especially on the right in America, give warning that the massive increase in the money supply QE entails can lead only to a debasement of the currency and hyperinflation.
More than 100% of the 30-fold increase in the price of oil since then can be attributed to the debasement of the dollar by the FOMC.
Once we've stipulated that commercial culture is that which debases everything, we need a popular concept that helps us resist debasement.
Artie's debasement is palpable.
He would have preëmpted all future debasement.
Their success would not be seen as a debasement.
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