Gresham's law and of the rate of inflation lower the real demand for the inflating money." The principles of Gresham's law can sometimes be applied to different fields of study. Gresham's law may be generally applied to any circumstance in which the true value of something is markedly different from the value people are required to accept, due to factors such as lack of information or governmental decree. In the market for used cars, lemon automobiles (analogous to bad currency) will drive out the good cars. The problem is one of asymmetry of information. Sellers have a strong financial incentive to pass
Good Girls Go Bad Good Girls Go Bad "Good Girls Go Bad" is a song by American pop band Cobra Starship with guest vocals by Leighton Meester. It was the first single released from their third studio album, "Hot Mess". The song was released digitally through iTunes on May 11, 2009. On May 8, 2009, "Good Girls Go Bad" made its radio debut on KIIS-FM with Ryan Seacrest's show. The song was produced by former "American Idol" judge Kara DioGuardi and Kevin Rudolf. The song went on to become Cobra Starship and Leighton Meester's first US hit and top 10, peaking at number seven