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Gresham's Law Regained

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NBER1992-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/h0035
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It has been argued that Gresham's Law, bad money (money with a low value in non-monetary uses) drives out good, often fails because one money can circulate at its market value. Various cases involving the U.S. dollar in the nineteenth century have been cited as possible violations of the law
提供机构:
美国国家经济研究局
创建时间:
1992-01-01
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