Gresham’s Law: It Also Applies to Sex and Culture
Folks, this is giong to be an argument about how degenerate culture drives out civilized culture, but we’re going to have to start this one off with some economic definitions; links to Wikipedia if I go too fast, but I think you’ll be able to keep up; so let’s jump into it: ͼ-Ѻ-ͽ 1. Gresham’s Law: “When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation.” The best examples involve either devaluing the coinage, or failing to...
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