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
Alexander and the Terrible, Horrible, No Good, Very Bad Day and the cat says he wants to sleep with Anthony (but not Alexander). In the end, Alexander says it has been a terrible, horrible, no good very bad day for him. His mother says to him that some days are like that, even in Australia. A running gag throughout the book is Alexander repeating several times that he wants to move to Australia because he thinks it is better there. It ends with his mother's assurance that everybody has bad days, even those who live there. In the Australian and New Zealand versions, he wants to move to Timbuktu instead.