Gresham's law India. Gresham's law states that any circulating currency consisting of both "good" and "bad" money (both forms required to be accepted at equal value under legal tender law) quickly becomes dominated by the "bad" money. This is because people spending money will hand over the "bad" coins rather than the "good" ones, keeping the "good" ones for themselves. Legal tender laws act as a form of price control. In such a case, the intrinsically less valuable money is preferred in exchange, because people prefer to save the intrinsically more valuable money. Consider a customer purchasing an item which costs five
The Good The Bad 033". Third album "From 034 to 050" was released in 2012. In March 2010, The Good The Bad were invited to play at South by Southwest festival in Austin, Texas. Continuing their affiliation with the Jail Guitar Doors charity, the band played alongside Billy Bragg, Chris Shiflett (Foo Fighters) and Wayne Kramer (MC5) at the Strummerville/Jail Guitar Doors show. Upon seeing them for first time, Wayne Kramer described The Good The Bad as "an incredible new band". Olsson and Ramdas have also played together in Sort Sol. The Good The Bad The Good The Bad are an instrumental Danish Surf