debased currency

基本解釋

Taxes were regularized, tariffs lifted, private mints abolished and the debased currency restored.
稅收調(diào)整了，關(guān)稅提高了，私人造幣廠廢除了，貶值貨幣恢復(fù)了。
Taxes were regularized, tariffs lifted, private mints abolished and the debased currency restored.
稅收調(diào)整了，關(guān)稅提高了，私人造幣廠廢除了。
Those two lines of Yeats for me sum up the matter as it stands today when the very currency of belief seems debased.
對我來說，葉芝的這兩行詩概括了今天的現(xiàn)實(shí)，信仰的貨幣似乎已經(jīng)貶值了。

All of this means that as easy as they are to acquire, Likes are a debased currency.
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However, sometimes other factors come into play that prevent a debased currency from losing value against other currencies.
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Bond prices would fall (and thus yields rise) as investors worried that they would be paid back in a debased currency.
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