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
The Good Bad Egg all of Florabell's fine chinaware. "The Good Bad Egg" is a remake of the Andy Clyde short film "Knee Action" (1937). The Good Bad Egg The Good Bad Egg was an American comedy short released by Columbia Pictures on March 20, 1947, starring Joe DeRita, who later joined the Three Stooges and became "Curly Joe" DeRita, and featuring Dorothy Granger, and Norman Ollestead. This was the second of four shorts in the Joe DeRita series produced by Columbia from 1946-1948; all entries were remakes of other Columbia shorts. Joe Priggle (Joe DeRita) is an inventor staying at a rest home