Gresham’s Law - What is Gresham’s Law? A short explanation

Gresham’s Law - What is Gresham’s Law? A short explanation
Gresham’s Law states that bad money will drive out good money from circulation. Bad money then becomes a currency in the market that has equal or less value compared to its overall face value. From there, good money becomes a currency that has greater value or the potential for more value.
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