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It could still succeed: a government in control of a printing press should be able to debauch its own currency without needing outside help.
ECONOMIST: The world economy
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As John Maynard Keynes put it so well after World War I: There is no subtler, no surer means of overturning the existing basis of Society than to debauch the currency.
FORBES: Fact and Comment
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Thanksgiving morning, pre-debauch, I had improved to 168 pounds.
FORBES: Survival Of The Fittest