[Gresham's Law]: Bad money drives out good money.
When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the … - Thomas Gresham
When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the …
- Thomas Gresham
[Gresham's Law]: Bad money drives out good money. - Thomas Gresham
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