The bulk of these are in regions like Africa and South America, where governments have repeatedly debased national currencies, and prompted their citizens to seek out sturdier assets like Tether’s dollar and gold offerings instead.
—
Jeff John Roberts,
Fortune,
17 Aug. 2026
Look at how much the city had debased this pilgrim in six months, a year.
France devalued its currency in 1927, the United Kingdom abandoned the gold standard in 1931, and the same year Germany imposed import restrictions and rationed access to foreign currency.
—
MICHAEL PETTIS,
Foreign Affairs,
28 Aug. 2026
Creative labor certainly seems to be disappearing as studios experiment with generative AI, and artists and craftspeople are rightly afraid of being further mistreated, devalued, or replaced.
Since the beginning of the year, the rupiah has depreciated by more than 7%, while rising oil prices and expectations of further US Federal Reserve interest rate hikes have added pressure on emerging markets.
—
,
CNBC,
14 Aug. 2026
As for how the yen depreciated, Japan's comparatively low interest rates have remained a key factor weighing on the currency.
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