Debasement

Debasement is the reduction in the value of a currency resulting from increasing its supply.

"Currency debasement means that the more dollars there are in circulation, the less each dollar is worth."

Cambridge Dictionary.

Historically, debasement referred to reducing the amount of precious metals in coins of the same nominal value.

See also

• Inflation
• Monetarism
• Monetary policy
• Money supply
• Quantitative easing