Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement Debasement is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is
The Ottoman Republic The Ottoman Republic The Ottoman Republic () is a 2008 Turkish comedy film directed by Gani Müjde. The film, which stars Ata Demirer, is a political comedy built upon the question, "What would have happened if Mustafa Kemal Atatürk never existed?" It went on general release across Turkey on and is the fourth-highest-grossing Turkish film of 2008. The year is 1888. A 7-year-old child was first seen running on a vast field to scare the crows off of the meadows of Thessalonica, and then he falls from a tree while reaching out to a nightingale. Everything goes black. The child