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]
[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

Milovan Vitesovic Even the most beautiful story is stained with blood! [02/09/2021 05:02:28] More

Anatoly Yurkin Deception is a non-alternative tool for instilling and maintaining values in society. (Anatoly Yurkin) [02/28/2021 12:02:24] More

Anatoly Yurkin Aphorisms are leaders without a crowd. (Anatoly Yurkin) [02/21/2021 12:02:02] More

Anatoly Yurkin The beginning of the struggle for independence is always a reason to unite. (Anatoly Yurkin) [01/30/2021 11:01:29] More

Anatoly Yurkin Those who can read faces are shown their backs. (Anatoly Yurkin) [01/29/2021 01:01:11] More