The word "debasement" refers to the act of lowering the value, quality, or standard of something. It means making something worse, less valuable, or less respected. Full definition
I can not think of a better way to counteract the stultifying «Whig» theory of history, with its bland assumption that every cause which has won has deserved to win, a kind of pragmatic debasement of the older providential theory. (firstthings.com)
Unknowingly priming the market were yuan bears who dominated the news with forecasts of a mega-devaluation before Chinese New Year, and Chinese savers fearful of currency debasement continued to purchase bitcoin as a hedge. (coindesk.com)
Another zero has been added to the gold price equation over the last 35 to 40 years of monetary debasement. (ocmgoldfund.com)