Comments on: Bad Money! Gresham’s Law Explained

By: Elijah Eberechukwu

Elijah Eberechukwu — Sat, 16 Apr 2011 07:30:39 +0000

Sir thank u for this topic. But i want a clear explanation if possible with example. The gresham's law 'bad money drives good money in circulation'

By: Olga Lednichenko

Olga Lednichenko — Sat, 06 Sep 2008 19:04:56 +0000

I dont think its possible. Not according to even weak form of markets. But I dont have the data to confront that.

What do you think?

Olga Lednichenko
http://olgalednichenko.wordpress.com/

By: Richy Lichez

Richy Lichez — Sat, 19 Jan 2008 01:51:33 +0000

Money, like all things in a capitalistic self-serving world, should be beset by natural forces of supply and demand, to avoid the corrupt manipulations of governments and anti-competitive forces. The threat of competition is the strongest device in protecting consumers' interests. And since we're all consumers (even those who think they're entitled to favoratism wrought by labor-union exploits). So, it's not only logical but provable that price-fixing of one currency to another is never a wise decision in the long-run. Metals were a currency during the bimetallic era of the US.

By: anon

anon — Tue, 26 Jun 2007 07:06:34 +0000

I would like to thank the author / web admin for this example.