What is Gresham’s Law?
Law that states that “bad money drives out the good.” In other words, more valuable commodity money will always gradually disappear from circulation due to collectors. Also known as the Gresham-Copernicus law.
What people ask…
What is Gresham’s Law?
What is the Copernicus law?
Which is the largest lymphatic organ of the body?
What is token money in economics?
What is the quantity theory of money equation?
See Also…
Back to All Terms