Thomas Gresham

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Thomas Gresham

English merchant and financier who worked for King Edward VI of England and for Edward's half-sisters, Queens Mary I and Elizabeth I.
Bad money drives out good money.More Thomas Gresham quotes [10/15/2011 02:10:58]
[Gresham's Law]: Bad money drives out good money.More Thomas Gresham quotes [03/29/2018 05:03:36]
When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the good money automatically disappears.More Thomas Gresham quotes [03/29/2018 05:03:36]

Quotes of the month

Anna Aronova Happy is he who does not envy the heavenly inhabitants, but looks down on the poor and sees himself as a highlight in the puff pie of life! -AnnaIsAronova [06/28/2018 11:06:33] More

Anna Aronova Golden man is able to see in everyone, at least something valuable. -AnnaIsAronova [06/19/2018 01:06:31] More

Anna Aronova Do not rush to act, hurry to think. -AnnaIsAronova [06/20/2018 12:06:34] More

Kendall Jenner People do not realize that calling someone too thin is the same as calling a person is too fat. [06/26/2018 10:06:12] More

Anna Aronova Fanatical the desire of Jews to bring Good to the world, made this people the most persecuted… [07/18/2018 01:07:31] More