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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (95961)11/27/2010 9:36:31 AM
From: chartseer  Respond to of 224720
 
Gresham's Law states that, "bad money drives good money out of circulation." Whenever good money (with real metal value) circulates in an economy alongside junk money (no real metal value), the real money will be hoarded while the 'fake' money is spent.

A case for hoarding pre-1982 US copper cents...

realcent.friendpages.com

comrade chartseer