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
Good, Bad but Beautiful Good, Bad but Beautiful Good, Bad but Beautiful is a 1975 album by Shirley Bassey. In the first half of the decade, Bassey recorded nine albums, with three making the top ten. In March 1975, Bassey released a compilation that became her highest-charting album to date, "The Shirley Bassey Singles Album" (#2), and reflects the momentum Bassey had maintained since her 1970 "comeback". "Good, Bad but Beautiful", released in the autumn of 1975, spent seven weeks on the UK Albums Chart, peaking at #13, and earned a silver disc. The album reflects the formula that brought Bassey back to the