Gresham's law the creditor must accept such money at face value. Nobel Prize winner Robert Mundell believes that Gresham's Law could be more accurately rendered, taking care of the reverse, if it were expressed as "Bad money drives out good "if they exchange for the same price"." The reverse of Gresham's Law, that good money drives out bad money whenever the bad money becomes nearly worthless, has been named "Thiers' law" by economist Peter Bernholz in honor of French politician and historian Adolphe Thiers. "Thiers' Law will only operate later [in the inflation] when the increase of the new flexible exchange rate
Blood Money (Breaking Bad) Hank’s care before he will consider Walt's argument, but is refused. Hank utters that he does not know him anymore, to which Walt replies, "If that's true, if you don't know who I am, then maybe your best course would be to tread lightly." The episode is dedicated to Kevin Cordasco, a sixteen-year-old fan of "Breaking Bad" who had met several members of the series' cast and crew; Cordasco died earlier in 2013 from neuroblastoma. This was the fourth dedication in the history of the series. The term "blood money" is a "double entendre": it means money obtained at the