"Gresham's law" meaning in English

See Gresham's law in All languages combined, or Wiktionary

Proper name

Etymology: Named in 1858 by Henry Dunning Macleod, after Sir Thomas Gresham (1519–1579), English financier during the Tudor dynasty. Head templates: {{en-proper noun}} Gresham's law
  1. An economic principle stating that, when a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation; or "bad money drives out good".
    Sense id: en-Gresham's_law-en-name-6TBjvKg5 Categories (other): English entries with incorrect language header, Pages with 1 entry, Pages with entries
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-12-01 from the enwiktionary dump dated 2024-11-21 using wiktextract (95d2be1 and 64224ec). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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