Thomas Gresham

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

Eugene Ryabyi The wealth of the soul is formed by God, man only tries to convey its contents. [02/24/2019 09:02:40] More


Eugene Ryabyi The slave essence is the disability of the soul and man's character. [03/02/2019 10:03:08] More


Eugene Ryabyi Only weak people choose the heroes for themselves. [02/18/2019 05:02:44] More


Tamerlan Kuzgov Time flies, but if you have wings you'll be ahead.


Read more: http://www.searchquotes.com/TamerlanAKuzgov/#ixzz5iHErbDEI [03/15/2019 05:03:48] More


Anatoly Yurkin A social network is a list of accomplices to an unidentified crime. [02/26/2019 12:02:57] More