Sentences with phrase «debasement took»

While coin clipping was practiced within the private sector, in the state sector monetary debasement took on an industrial scale.

Not exact matches

For example, in ancient Rome it took the merchants a few months to catch up following a round of coinage debasement, meaning that it took a few months for prices to adjust to the reduced value of the money.

Kimball takes on the more difficult task of explaining why art is so important to culture, and how its present debasement might be remedied.

But without any doubt the extraordinary debasement of the City Government that took place under then Mayor Koch can not be disputed.

But even taking the narrow view of merit, it is difficult to see how appointing the top 10 % of female applicants (and only the top 5 % of male applicants) is some genuine debasement of merit.