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]
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]
[Gresham's Law]: Bad money drives out good money.More Thomas Gresham quotes [03/29/2018 05:03:36]

Quotes of the month

Anatoly Yurkin Your indifference to mistakes guarantees your competitors well-being. (Anatoly Yurkin) [03/28/2020 02:03:47] More

Anatoly Yurkin Existence and being are viable as systems because they are platforms formed and maintained by the recursion of alienation. (Anatoly Yurkin) [03/24/2020 02:03:24] More

Anatoly Yurkin Avatar prophet. (Anatoly Yurkin) [03/30/2020 04:03:47] More

Anatoly Yurkin A digital coin is an avatar epithet of an analog user. (Anatoly Yurkin) [03/30/2020 12:03:27] More

Anatoly Yurkin The new world order is based on the bravery of the Baruchs, the sober calculation of the Rockefellers, the will of the Rothschilds, and the panic of the common man. (Anatoly Yurkin) [04/03/2020 10:04:37] More