gresham's law   (TTS Sound)

The gresham's_law has 1 Senses.

• gresham's law
• グレシャムの法則
• (economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoarded and the money of lower intrinsic value will circulate more freely until the intrinsically more valuable money is driven out of circulation; bad money drives out good; credited to Sir Thomas Gresham
• 本質的により有益なお金が流通で動かされるまで、同じ特定宗派の値がある2種類のお金が流通中であるときに、本質的により有益なお金が買い溜めされるという原則と下側の実態価値のお金は、より自由に循環するであろう