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.
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References in periodicals archive ?
Few disagree more with her than I do, but language like this debases politics NICOLA STURGEON ON VICIOUS ATTACKS AGAINST THERESA MAY is
Catherine Wood, 37, who lost husband Simon, said: "It debases what has happened.
And then we should roll up our sleeves and continue the hard work of eradicating shameful poverty that debases our sisters and brothers--who are the face of Jesus--whether at home or in Zambia or Honduras or Kenya or Mozambique or Congo or Vietnam or Guyana.
The majority, report called for "reasonable pedagogical justification" for, among other things, a "comment" or "technique" that "debases and degrades students in the class." The minority report charged that such a criterion left too much to the subjective discretion and temper of a hearing panel, and it asked simply for "pedagogical justification." The two sides also differed, without much clarity, over the burden and degree of proof required to convict.
In his letter, Salmond said: "It debases the entire currency of Scottish politics."