Gresham's law - Wikipedia

Gresham's law - Wikipedia

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Gresham's law - Wikipedia

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". ... Under Gresham's Law, "good money" is money that shows little difference ... As some coins do not circulate, remaining in the possession of coin collectors, ... In addition to being melted down for its bullion value, money that is ...

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Gresham's Law Definition - Investopedia

2 Oct 2019 ... At the core of Gresham's law is the concept of good money (money which is ... dates to hoard the coins with more silver which, when melted down, were ... at a discount, or not at all, and the old coins would retain greater value.

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