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 this album. The nude gymnasium scene is out, along with the other title 'Renegade Angel'." Around this time, Steinman contributed all eight songs for Meat Loaf's album "Dead Ringer", which was also released in 1981. The first two songs, "Bad for Good" and "Lost Boys and Golden Girls", were two of many songs written by Steinman under the inspiration of "Peter Pan" and lost boys who never grow up. This is reflected in lyrics in "Bad for Good" such as "You know I'm gonna be like this forever: I'm never gonna be what I should." The composer says that "Peter