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Gresham’s Law, Cash-bleeding Unicorns and Incumbent’s Dilemma

November 11, 2019November 11, 2019 admin Leave a comment

Bad money drives out good … states the Gresham’s law, an economic principle. The idea is that if you debased commodity money by adding impurity to the coins, the original “good” (or pure) coins will gradually disappear from circulation. Good money is one where the face value of the coin corresponds to the value of […]

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