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
Bad for Good Steinman recorded the album, retitled "Bad for Good", as a solo project, although Rory Dodd contributed lead vocals on some songs. Many musicians and backing vocalists from "Bat Out of Hell" performed on "Bad for Good", including Roy Bittan and Max Weinberg from Bruce Springsteen's E Street Band. Like "Bat Out of Hell", Richard Corben illustrated the cover. Describing the cover, "Sounds" magazine says "the flesh, the puppy-fat on the mid-calf, the breasts, the upturned American nose ... Corben's evocation of teenage femininity is so right! The cover, though, is the product of an alternative universe, like everything else about