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 of the stolen songs would later appear on "Bad for Good": "Surf's Up", "Left in the Dark" and "Out of the Frying Pan." Meat Loaf jokes that he doesn't think that Steinman ever got over that theft. Meat Loaf lost his voice and was unable to record "Renegade Angel". Steinman says "I spent seven months trying to make a follow-up [to "Bat"] with him, and it was an infernal nightmare. He had lost his voice, he had lost his house, and he was pretty much losing his mind." Not being able to "bear for people not to hear those songs,"