DangBaekJeon result, DangBaekJeon became bad money, and SangPyeongTongBo became good money. This is related to Gresham's law, which is a monetary principle stating that "bad money drives out good". The casting of DangBaekJeon was stopped in April 1867. The next year, its distribution was stopped because of an appeal from Choe Ik-hyeon(Hangul: 최익현, Hanja: 崔益鉉), a janglyeong(Hangul:장령, Hanja: 掌令) in Joseon Dynasty. He insisted that DangBaekJeon affected adversely to all classes of the society in the past two years. After its distribution had stopped, DangBaekJeon was exchanged with SangPyeongTongBo or China money(Hangul: 청전, Hanja: 掌令) and was used in iron. Dangbaekjeon
Economic bubble Ponzi schemes can lead to an increasingly fragile economy, and may also be part of what pushes asset prices artificially upward until the bubble pops. Simply put, economic bubbles often occur when too much money is chasing too few assets, causing both good assets and bad assets to appreciate excessively beyond their fundamentals to an unsustainable level. Once the bubble bursts, the fall in prices causes the collapse of unsustainable investment schemes (especially speculative and/or Ponzi investments, but not exclusively so), which leads to a crisis of consumer (and investor) confidence that may result in a financial panic and/or financial