Inflation hawks are puritans obsessing over monetary turpitude and the debasement of the currency.

通胀鹰派人士是抱持著货币罪恶论、贬低货币的清教徒。

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So war time periods were typically periods of great inflation and debasement of the currency.

所以，战争时期通常是,严重的通货膨胀,和货币改造的时期。

耶鲁公开课 - 金融市场课程节选

Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.

通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。

耶鲁公开课 - 金融市场课程节选

With negative real interest rates, worldwide currency debasement, and inflation being the real threat ultimately, gold still remains attractive.

FORBES: Opportunity Knocks

He cited potential for inflation, currency debasement and a re-heightening of crises such as U.S. and European debt issues, although he concedes gold has lost some of its allure for now as many investors instead turn to the surging stock market.

FORBES: INTERVIEW: USAGX's Denbow: Gold Miners On Track With Focus On Profitability