Debasement

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Debasement

The act of lowering the value of something, especially a coin. In the past, a government would melt coins down and mix them with a metal of lower value in order to create more coins of the same denomination. This inevitably caused inflation, though it is unclear how well these governments understood that. Because few currencies are now based on a precious metal, debasement it rare.
References in periodicals archive ?
In his letter, Salmond said: "It debases the entire currency of Scottish politics.
Their hijacking of this terminology debases the very terms social justice and civil rights.
Pornography undoubtedly debases human relationships, is unquestionably damaging to family life and is for many, addictive.