Bad Money Drives Out Good Money - Robert and Kim Kiyosaki, and Kevin DeMerrit

In economics, Gresham’s law is a monetary principle stating that “bad money drives out good“. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. Today’s guest says, “This has been happening all throughout history.” In this episode you’ll learn: 1. Bad Money (Fake gold) vs. Good Money (Real gold)