单词 | debase the coinage/currency |
释义 | debase the coinage/currencytolowerthevalueofmoney, forinstanceby makingmetalcoinsfrom a lessvaluablesubstance,borrowingtoo much against thecurrentvalueof thatmoney, etc. : The only way out of this is todebasethecurrency. In the lastyearsof hisreign, hespenthugesumsonwaranddebasedthecoinageof theempire. Desperategovernmentsdown theageshave alwaysdebasedthecurrency. Thecurrencyhad beendebased,leadingtoviolentinflation. Charles hadthreatenedtodebasethecoinageby reminting it. See also debase |
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