Assume that in the country of Salmon, the government tripled the money supply overnight. As a result of this action, the price of a loaf of bread increased from 1 bill to 100 bills. This is an example of

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Currency debasement refers to the deliberate reduction in the value of a currency by the government through the increase in the money supply. In this case, the tripled money supply led to a significant decrease in the purchasing power of the currency, leading to a massive inflationary spiral. This is a classic example of currency debasement.

Assume That in the Country of Salmon, the Government Tripled