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Dollarisation and Gresham's Law

Professor Avinash Persaud · Gresham College

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About

Will there in the future be just one or two currencies? An epitome of Sir Thomas Gresham's Law is that bad money drives out good money. In many parts of the world, however,it seems that the opposite is happening, with volatile and inflation-ridden currencies giving way to the US dollar. Was Gresham wrong? Under what conditions does dollarisation and perhaps later Euroisation take place? How far will these currencies spread?

The talk

  1. Dollarisation and Gresham's Law 2004-05-06 · YouTube

Credits and licence

Institution
Gresham College
Speaker
Professor Avinash Persaud
Year
2004
Level
For everyone
Language
English
Subjects
Economics, Business and management
Source
Gresham College
Licence
Educational use (Gresham College's terms), as Gresham College states it. Gresham College's terms
Attribution
Gresham College states: "We positively encourage the use of the Gresham College lecture transcripts, audio and video files for educational purposes. However, we do not allow use of Gresham College materials for commercial, personal or institutional gain."
Who can watch
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