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 Bad Not Evil Good Bad Not Evil Good Bad Not Evil is the fourth studio album by garage rock band Black Lips. The album was recorded in December 2006 and released on September 11, 2007. The title is a reference to the Shangri-Las song, "Give Him a Great Big Kiss". "Good Bad Not Evil" has received generally positive reviews. On the review aggregate site Metacritic the album has a score of 73 out of 100, indicating "Generally favorable reviews." Several songs from "Good Bad Not Evil" have appeared in films. "Bad Kids" and "Veni Vidi Vici" were featured in "(500) Days of Summer".