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 |
| 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
|
| https://www.w3.org/2000/01/rdf-schema#label |
Gresham's Law
|