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Quote by Thomas Gresham

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

Quote by Thomas Gresham

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Thomas Gresham (1519-1579) was a British merchant and financier known for his contributions to the financial market, particularly in the areas of currency exchange and the development of the money market. He established the famous Gresham Market in London, which had a profound impact on the subsequent financial markets. more

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