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]
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 Blocked Big Data is reminiscent of Russian off-road, when the roadside is more convenient broad gauge. [10/22/2018 07:10:00] More


Anatoly Yurkin Egoism is an unselfish desire to possess eternity. [10/22/2018 12:10:36] More


Anatoly Yurkin Disappointment without bitterness, cynicism is not pessimism. [10/29/2018 02:10:58] More


Aleġandr Kargin To win you need not be afraid to lose. [11/02/2018 09:11:52] More


Eugene Ryabyi Impotence is even impossible to move from the place by sex-bombs. [10/20/2018 08:10:00] More