Gresham, T.

Japanese: Gresham,T.(英語表記)GreshamT
Gresham, T.

…The law that "bad money drives out good." Suppose there are two kinds of gold coins with the same face value but different gold content per coin. The public will use the coin with the lower gold content (bad coin) for daily payments and hoard the coin with the higher gold content (good coin). In other words, good money will be driven out of circulation. In 1560, the Englishman Thomas Gresham (1519-79)…

*Some of the terminology that mentions "Gresham, T." is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…〈悪貨は良貨を駆逐するBad money drives out good.〉という法則。同じ額面価格で通用し,しかも一枚あたりの金の含有量の異なる2種類の金貨があるとしよう。公衆は,日々の支払にはもっぱら金の含有量の少ないほうの鋳貨(悪貨)を用い,多いほうの鋳貨(良貨)を退蔵するであろう。つまり良貨は流通過程から駆逐されることになる。1560年イギリス人グレシャムThomas Gresham(1519‐79。…

※「Gresham,T.」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

<<:  Gretchen

>>:  grenouille

Recommend

Limited time law

A law that is enacted with a set validity period....

Gout - gout

It is a general term for a group of diseases that...

Callisthenes (English spelling)

[raw]? [Died] 327 BCE Greek historian. Born in Oly...

Flower essential oil - Kaseiyu

A volatile oil extracted from the flowers of plant...

Rikord, PI (English spelling)

...The following year, the Kuril Islands, along w...

Alkibiades (English spelling)

Born: Around 450 BC. Athens Died 404 BC. Phrygia. ...

Nezu

A residential and commercial district in the easte...

Ultrabasic rock

Ultramafic rock is also called ultramafic rock. A ...

Hattori Hanzo

A subordinate of Tokugawa Ieyasu. His name was Ma...

Ushiku [city] - Ushiku

A city in southern Ibaraki Prefecture. It was inco...

Operating loss - Eigyosonshitsu

A state in which operating profit is negative, and...

Turnaround - Orikaeshi

[given name] 1. To fold a garment or other item in...

《Large Long-sleeved Dressed Lake》 - Large Long-sleeved Dressed Lake

...However, since it was not permitted to dramati...

Cathodic reaction

…This current is called electrolytic current or f...

Mt. Karamatsu - Karamatsudake

A mountain on the border between eastern Toyama an...