That people aren't spending it? Wernick: Well, I think there's something called Gresham's law that says, "Bad money forces good money out of circulation." So as long as there's bad money ...
(Gresham's law, a concept he didn't originate, but employed well, observes that "bad money drives out good." With coins of equal face value, but different metals, the cheaper metal will drive the ...
the study of the recent law in El Salvador making bitcoin legal tender requires the proper application of Gresham’s law. In a recent Mises Wire, Kristoffer Mousten Hansen applies Gresham’s law to ...
Gresham said Ohio's major cities, including Akron, spend millions of dollars on law enforcement. "The least they can do is put together body-camera footage, of which the taxpayers are already ...