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@ Mattias Lindberg
2025-05-08 21:19:05Gresham's Law in economics states that "bad money drives out good." It means when there are two forms of currency in circulation, the one perceived as having lesser value (bad money) will be used for transactions, while the more valued currency (good money) will be hoarded or disappear from circulation. This typically happens when there's a lack of trust in the lesser value currency's stability or value.