Gresham's law Crown in the city of Antwerp, to explain to Queen Elizabeth I what was happening to the English shilling. Her father, Henry VIII, had replaced 40 percent of the silver in the coin with base metals, to increase the government's income without raising taxes. Astute English merchants and even ordinary subjects would save the good shillings from pure silver and circulate the bad ones; hence, the bad money would be used whenever possible, and the good coinage would be saved and disappear from circulation. Gresham was not the first to state the law which took his name. The phenomenon had
The Good, the Bad, the Ugly (Frankee album) album four out of five stars, noting Frankee's "straight-up language and bad-ass girl power" and commending the album's division into three segments as "an emotional human rollercoaster." Upon its release, "The Good, the Bad, the Ugly" achieved modest success in the United Kingdom. It debuted at its number 51 peak on the UK Albums Chart dated 21 June 2004. The following week, it fell to number 74, before falling off of the chart entirely. It remains Frankee's only top 100 entry on the UK albums chart. The Good, the Bad, the Ugly (Frankee album) The Good, the Bad, the Ugly