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 to Be Bad concerts were followed by concerts in South America, Europe, Japan and North America. The tour went to forty countries. It ended on 14 June 2009 at Download Festival in Donington Park, UK. Seven songs from the new album were performed. Former Whitesnake band member Adrian Vandenberg guested on two concerts. In November 2008, "Good to Be Bad" won the Classic Rock Award for "Album of the Year". The Dinosaur Rock Guitar forum honored the album with a 2008 Dino Award for "Best Album of the Year". Good to Be Bad Good to Be Bad is the tenth studio album by