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
Good Times Bad Times Good Times Bad Times "Good Times Bad Times" is a song by the English rock band Led Zeppelin, featured as the opening track on their 1969 debut album "Led Zeppelin". The song was released as a single in the US, where it reached the Billboard Hot 100 chart. For the lead guitar solo, guitarist Jimmy Page fed the output from his Fender Telecaster guitar through a Leslie speaker to create a swirling effect. Jones says that the riff he wrote for this song was the most difficult one he ever wrote. "Good Times Bad Times" was rarely played live at