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There's so much variety in fiat these days that Gresham, if living, would have to add a new dimension to his law. The law of a fiat replacing the other. But, that would interpret like 'A bad money replaces another bad money.'
There's so much variety in fiat these days that Gresham, if living, would have to add a new dimension to his law. The law of a fiat replacing the other. But, that would interpret like 'A bad money replaces another bad money.'