Bad money drives out good
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Definition & Bedeutung von "bad money drives out good"

bad money drives out good
01

used to imply that when two forms of money are in circulation, one of higher value and one of lower value, people tend to hoard or use the money of lower value while spending or getting rid of the money of higher value

example
Beispiel
examples
When counterfeit bills started circulating in the town, people became skeptical of using the genuine currency, leading to a decrease in the overall value of money in circulation, showing how bad money drives out good.
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