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

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