Thomas Gresham

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Thomas Gresham

Thomas Gresham

Bad money drives out good money.More Thomas Gresham [10/15/2011 02:10:58]
[Gresham's Law]: Bad money drives out good money.More Thomas Gresham [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 [03/29/2018 05:03:36]

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