Wondering if this policy is demonetization or dehumanization given the fact it has created so much demoralization in the minds of the mass population. - Anuj Somany
The demoralization that the debasement of the currency left in its wake played a major role in bringing Adolf Hitler into power in 1933. - Henry Hazlitt
I was to learn later that in life that we tend to meet any new situation by reorganizing; and what a wonderful method it can be for creating the illusion of progress while producing confusion, inefficiency, and demoralization. - Petronius Arbiter