Taxes were regularized, tariffs lifted, private mints abolished and the debased currency restored.

税收调整了，关税提高了，私人造币厂废除了。

youdao

Taxes were regularized, tariffs lifted, private mints abolished and the debased currency restored.

税收调整了，关税提高了，私人造币厂废除了，贬值货币恢复了。

youdao

If people are free to reject debased currency, and instead demand sound money, sound money will gradually return to use in society.

如果人们可以自由拒绝被降低纯度的货币，而坚持要求健全的货币，那么健全的货币将会逐渐恢复在社会中的流通。

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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.

FORBES: Gold's Allure Tied to Interest Rates

Bond prices would fall (and thus yields rise) as investors worried that they would be paid back in a debased currency.

ECONOMIST: The trouble with paper money