グレシャムの法ほう則そく

noun

Gresham's Law

Economic principle that when a government overvalues one type of money and undervalues another, the undervalued money will leave circulation. Often summarized as 'bad money drives out good'.

See also: 悪貨は良貨を駆逐する

• グレシャムの法ほう則そくは、悪あっ貨かが良りょう貨かを駆く逐ちくする現げん象しょうを説せつ明めいする。

  Gresham's Law explains the phenomenon where bad money drives out good.