He shared the popular odium which Philip incurred by debasing the coinage. Ptolemy also permitted a debasing of the coinage as an attempt to repay the loans. Among his measures was the debasing of coinage by reducing the gold content. None has matched it in debasing and humiliating us. One such technique was the process of debasing the coinage. The Frankish currency underwent a similar debasing at around this time. Debasing of veracity has been viewed as a tactic. Debasing them can only cause a peril to democratic structures. No idol more debasing than the worship of money.