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 Girls Go Bad Good Girls Go Bad "Good Girls Go Bad" is a song by American pop band Cobra Starship with guest vocals by Leighton Meester. It was the first single released from their third studio album, "Hot Mess". The song was released digitally through iTunes on May 11, 2009. On May 8, 2009, "Good Girls Go Bad" made its radio debut on KIIS-FM with Ryan Seacrest's show. The song was produced by former "American Idol" judge Kara DioGuardi and Kevin Rudolf. The song went on to become Cobra Starship and Leighton Meester's first US hit and top 10, peaking at number seven