Statements (28)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:appliesTo |
gptkb:currency
bimetallism monetary systems |
gptkbp:category |
Economics
Finance Monetary theory |
gptkbp:citation |
gptkb:Adam_Smith
gptkb:The_Wealth_of_Nations |
gptkbp:contrastsWith |
gptkb:Thiers'_Law
|
gptkbp:describes |
the tendency of bad money to drive out good money from circulation
|
gptkbp:example |
19th-century bimetallic standards
hyperinflation scenarios pre-1965 US silver coins |
gptkbp:explains |
effects of fixed exchange rates between metals
why undervalued currency disappears from circulation |
gptkbp:firstDescribed |
letter to Queen Elizabeth I
|
gptkbp:formedBy |
gptkb:Sir_Thomas_Gresham
16th century |
https://www.w3.org/2000/01/rdf-schema#label |
Gresham's Law
|
gptkbp:influenced |
gptkb:economic_policy
|
gptkbp:languageOfOrigin |
English
|
gptkbp:namedAfter |
gptkb:Thomas_Gresham
|
gptkbp:relatedTo |
gptkb:economic_policy
currency debasement legal tender laws |
gptkbp:bfsParent |
gptkb:Sir_Thomas_Gresham
|
gptkbp:bfsLayer |
6
|