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The currency might also suffer if investors feared it was being debased .

一旦投资者担心某国货币贬值，汇率也可能受到影响。

What followed was a spiralling proliferation of increasingly spurious credit instruments denominated in a debased currency .

随之而来的是欺骗性越来越强的信贷工具呈螺旋式扩散，这些信贷工具是以一种贬值的货币计价的。

They will soar ; perhaps by year 's end , an ordinary egg will cost one hundred or so debased dollars .

价格会不断猛涨，也许到年底一个普通的鸡蛋就会花费大约100美元这种已深度贬值的纸币。

Maybe a world currency would be best of all as there would be no other unit against which it could be debased .

或许创建一种世界货币将是最佳选择，因为不会有其他货币可以贬值。

Thus , the more the dollar is debased , the more capital gains taxes must be paid on holdings of gold and other precious metals .

因此，美元贬值的越厉害，为了持有黄金和其他贵金属所需支付的资本得利税就越多。