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The point of Gresham's Law is that good coins are retired from circulation because they are worth more than bad coins even though their face value as money is t
by kgwgk 6y ago
The point of Gresham's Law is that good coins are retired from circulation because they are worth more than bad coins even though their face value as money is the same. That's why you don't see many silver dollars being used to pay for groceries at the supermarket. If you have a silver dollar you don't mix it with the rest of your dollars.
How does the analogy with online information work?
- deleted 6y ago[deleted]