What is currency debasement?

Let's look at an example that explains it well.

Roman emperor Nero began debasing Roman currency around 60 AD by reducing its silver content from 100% to 90%. Over the next 150 years, the silver content was reduced to 50%. By 265 AD, the silver content was down to 5%. When a currency is debased, sooner or later the citizenry catches on and begins demanding higher prices for the goods they sell or more wages for their work, resulting in inflation. In the case of the Roman Empire, the debasement produced annual inflation of around 1,000%.
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content from Investopedia.com

Unless you have been living in a cave (highly recommended), you will be aware that governments and central banks from all over the globe have been cutting interest rates, providing mortgage holidays and will soon start to pay out all workers affected by the coronavirus, hundreds of millions of people will be part of this. Each country has it's own policy and being from the UK, i will receive 80% of my full salary whenever it starts. Im hoping it'll be backpacked as i will be wanting to replace the savings i am currently using to get by. Most people live paycheck to paycheck so having to wait for 4-8 weeks is just too much for some people. I feel im better prepared than most and can get by for 2-3 months easy enough. Most European countries look to be paying out percentages while the States and Canada are going with set amounts based on your earnings and dependents you care for. Either way, paying people for not working is part of the new world orders plan. Give everyone $1200 a month and watch them fight over toilet paper and pot noodles.

Anyone with an oz of wit, i mean the average joe walking down the street are Stevie from your work is probably aware that central banks can print money and in unlimited amounts just out of thin air. Central banks have been doing it for decades and people are used to it. Everyone is happy that the governments are stepping in but it's not good for us. In fact, it's gonna make the 2008 crisis look like last Sunday's panic down the park. 2008 crisis was easy, sure unemployment went up, weak companies went bankrupt and millions of us now either live in houses that are not worth what we paid for them are have defaulted and restarted. This 2020 depression is gonna cut deeper. The 2008 crisis introduced quantitative easing, i can't think what we'll get this time, how can they increase circulated supply by so much and not cause huge inflation?.

It's sad because as 99% will welcome these payments with open arms, the destruction it will do to purchasing people will leave them poorer. Central banks are copying the same policies that failed the Romans and lead them to their downfall. Some Central banks from different countries are even talking about sending payments directly to individuals. That would mean everyone would get the same payment, crack head to CEO getting paid directly from the central bank. Complete control more like.

Please be aware of what is happening. Universal payments are being installed, the government will soon control your income and what whatever you get paid will have less purchasing power every week so send it quickly to help boost the economy. You break the law, your money is cut. You break the law again to survive without money, you go to jail. Small changes compound over years and decades.

As much as i do not like this boner for his hate for cryptos. Peter Schiff is a smart dude and he has great knowledge on monetary policies and has been able to predict the last 2-3 recession's 2-3 years before they happened so he is someone to listen to. Here's a tweet he dropped on the 26th, a few days ago.

The Great Depression was made great by Hoover and Roosevelts attempts to rescue the economy. Politicians could not resist the temptation to "help", even though their programs unnecessarily prolonged and exacerbated the Depression. Todays #stimulusbill will do far more damage.
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Peter Schiff, 26th March 2020, the internet

Anyways, i hope that this is some food for thought. It's interesting to think about how a small group of people are able to control so much. If 9/11 was a setup, then so is Corona. I personally don't think 9/11 was a fix, i think it was a bunch of pissed Muslims thinking they were gonna get some virgins. This coronavirus as a conspiracy is a good one. It's got everyone locked up inside, ingesting fake news and FUD through there phone and TV scaring the complete shit out of them and now the central banks are stepping in to make sure we all have enough money. Here, your airline is going bankrupt, take some money. Ohhh, your outta work cause of this corona thing, here I'll pay you your wages for free. What? everything costs double what it used to? here, take a credit card are remortgage your house. Ohhh, your currently not working, sorry can't help you right now.

There will be riots on the streets before this is over, most people live paycheck to paycheck and will start running out of funds and food over the next few weeks. This is very bad and people will get crazy, look at TP as a mild example. Now think black Friday where instead of trying to save 20% on a TV, you're getting food for your family and going home empty-handed means not dinner today. At the first sign of public riots, governments will declare a 100% lockdown on every person are face arrest on the spot. This is last until the government start to filter down the wage money to workers and people start getting money. Everyone will receive 4-8 weeks back pay in one lump sum, amazon sales go into the trillions of dollars and rioting stops. What happens after this, i have no idea. I like the idea of getting 80% of my pay for nothing but at the same time, i enjoy my job so what would i do? I'll leave you with a quote from the internet.

When central banks buy security they pay it with money they create from thin air
There is more money in circulation but not more goods are services
That's how they debase the currency, lower its purchasing power and make you poorer
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26th March 2020, the internet