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bold, will add examples when I have the time/energy/patience
Devaluation is a [[government]] policy to dilute the value of its [[currency]], typically by printing more of it. The reasons for this can include helping voters (like farmers) who are in debt by reducing the real value of their obligations, or helping the government itself pay back loans.
'''Devaluation''' is a [[government]] policy to dilute the value of its [[currency]], typically by printing more of it. The reasons for this can include helping voters (like farmers) who are in debt by reducing the real value of their obligations, or helping the government itself pay back loans.
Sometimes devaluation is done to increase exports and decrease imports, thereby reducing a balance-of-payments trade [[deficit]].
Sometimes devaluation is done to increase exports and decrease imports, thereby reducing a balance-of-payments trade [[deficit]].
==Historical examples==
[[Category:Economics]]
[[Category:Economics]]