Statements (20)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:appliesTo |
monetary systems with parallel currencies
two forms of commodity money are in circulation |
gptkbp:category |
Economics
Monetary theory |
gptkbp:citation |
gptkb:The_Wealth_of_Nations
|
gptkbp:contrastsWith |
Thiers' law
|
gptkbp:describes |
the tendency of bad money to drive out good money from circulation
|
gptkbp:explains |
why undervalued currency disappears from circulation
|
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:namedAfter |
gptkb:Sir_Thomas_Gresham
|
gptkbp:relatedTo |
bimetallism
currency debasement legal tender laws |
gptkbp:bfsParent |
gptkb:Gresham's_law_(precursor)
gptkb:Bimetallism |
gptkbp:bfsLayer |
7
|