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.
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]
Bad money drives out good money.More Thomas Gresham quotes [10/15/2011 02:10:58]

Quotes of the month

Eugene Ryabyi Man always blames in own sins the devil's providence, but not own sinful nature. [12/30/2018 07:12:51] More


Eugene Ryabyi Money has no sexual orientation, everybody loves them. [01/04/2019 07:01:27] More


Eugeny Antonuk Never regret anything,
High priest sooner or later left,
Let another priest sit in his place
But even more ingenious are your ears. [01/15/2019 12:01:41] More


Eugeny Antonuk So that the thought does not die, do not write on the topic of the day. [12/27/2018 03:12:57] More


Eugene Ryabyi The beautiful appearance - the ability to rule the desires of others. [01/15/2019 05:01:43] More