Nicolaus Copernicus came to similar conclusions even before Gresham in 1526…as he presented them in his paper “Monetae Cudendae ratio” (aka “Treatise on money”). As a result, nowadays we know the following formulation of Gresham`s/Copernicus law:
Is Gresham’s Law A Silly Mistake Or An Example Of Deliberate Juggling Of Facts & Concepts? (Part I)
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