“When depreciated, mutilated, or debased coinage is in concurrent circulation with money of high value, in terms of precious metals, the good money automatically disappears.” (Thomas Gresham)
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Do You Want Some Weimar Beanz, With Your…
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“When depreciated, mutilated, or debased coinage is in concurrent circulation with money of high value, in terms of precious metals, the good money automatically disappears.” (Thomas Gresham)