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
Hitler Bad, Vandals Good Hitler Bad, Vandals Good Hitler Bad, Vandals Good is the seventh studio album by the southern California punk rock band The Vandals, released in 1998 by Nitro Records. Much of the album is characterized by the pop-punk music and humorous lyrics for which the band is known, and it became their most popular and commercially successful album to date. While the band has utilized humor as a basis for much of their lyrical content throughout their career, the humor on their previous album "The Quickening" had been rooted heavily in sarcasm and dealt with themes of nihilism, anarchism and apathy.