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 ?
But the question is this: Can a prince in every case solve his fiscal problems on his own authority and debase his kingdom's money by diminishing its weight or its quality?
In fact, the extant coins of these kings are all rough and indications of the tendency to debase money during these years, but the Catholic rulers, Ferdinand and Isabella, stabilized this volatility by a law that set the price for eight ounces of natural silver at two thousand two hundred ten maravedis, but when minted at two thousand two hundred seventy-eight.
Joseph Conrad, mocking the Romantic sublime, spoke of the typical romantic as "tingeing the world to the hue of his temperament." The wistful irony confronts us that it is, in fact, those who seek to define the world through the human rational facility who are "tingeing the world," excluding the glorious infinitudes of emotion and mystery from their awareness of life as they debase existence to purely logical standards.
It has not been established beyond reasonable doubt that his laying of hands on Gio had been intended to debase the intrinsic worth and dignity of Gio as a human being or that he thereby intended to humiliate or embarrass him.
By your comments, you debase not only a great office of State but the vital debate about fundamental rights and freedoms in this country.
And thanks to George Galloway for proving that the lower you debase yourself on TV, the higher your popularity will soar.
They sit in cafA bars, drinking frappAs and coming up with shows which, far from enhancing art, debase and degrade.
Unfortunately, we have become addicted not only to entertainment for its own sake, but also to modes of entertainment that debase our morals and degrade our intelligence.
Few people would undertake to debase that money because of less profit; nor would it be easy for ordinary people--and such, for the most part, are those who make counterfeit money--to maintain mints to coin similar money.
But Reed tries to have it both ways, and his unwillingness to confront the money changers in the temple - those who would debase spiritual values with material ones - is hard to take.
It's not just the grinning faces as they debase live prisoners and gloat over dead ones.
No one of sound mind, with a decent career, a wife and children, would debase themselves in the way he has unless there was something wrong.