Thomas Gresham Quotes

• 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.

  Thomas Gresham

  Currency, Disappear, Term

  7 Copy quote

• [Gresham's Law]: Bad money drives out good money.

  Thomas Gresham

  Law, Good Money

  6 Copy quote

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