DEVALUATION definition and meaning | Collins English Dictionary
DEVALUATION definition and meaning | Collins English Dictionary
Dec 12, 2011
collinsdictionary.com
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CURRENCY DEVALUATION 👇. SAVE IT! 💡 HERE’S THE BREAKDOWN ​When a country with excessive debt prints money to pay its bills, it triggers high inflation and devalues its currency. The resulting economic hardship creates severe social conflict and fuels political extremism. ​ ​During a debt crisis, investors engage in capital flight, selling the local currency to buy safe-haven assets like gold and moving their money to stable countries like Switzerland to protect their wealth. ​This exodus of mon
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