English / proverb
Bad Money Drives out Good
MEANING IN ENGLISH
When depreciated currency is accepted alongside valuable currency, people hoard the valuable money and circulate the inferior one.
In context
01
When debased coins flooded the marketplace, merchants saved gold coins and spent base metal, proving that bad money drives out good.
02
The inundation of counterfeit bills illustrated Gresham's law that bad money drives out good.
Synonyms
Gresham's law,inferior displaces superior,debased currency displaces sound currency
Antonyms
Sound currency prevails,quality triumphs,excellence supersedes mediocrity
Collocations
principle that bad money drives out good,prove that bad money drives out good,observe bad money drives out good