All these forms of greatness, however, demanded that ordinary Russians accept their debasement and enslavement.

CAMBRIDGE In principle, holding gold is a form of insurance against war, financial Armageddon, and wholesale currency debasement.

These fanatics also believe that a return to the gold standard is inevitable as hyperinflation ensues from central banks debasement of paper money.

Although the resulting outflow of gold caused monetary debasement in the Roman Empire, Indo Roman trade remained the backbone of the global economy.

America s foreign creditors would not accept a sharp reduction in their dollar assets real value that debasement of the dollar via inflation and devaluation would entail.

First, the greatest challenge of our age is the gradual spiritual debasement of human beings brought about by the distancing of the prevailing order from the morality and unity of monotheism.

The Roman Empire ran a persistent trade deficit with India for centuries. Although the resulting outflow of gold caused monetary debasement in the Roman Empire, Indo Roman trade remained the backbone of the global economy.

Given such systemic debasement of merit, few Chinese citizens believe that they are governed by the best and the brightest. But astonishingly, the myth of a Chinese meritocracy remains very much alive among Westerners who have encountered impressively credentialed officials like Bo.