Greshams Law

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Courses > Michael's Screenworld > Lessons > Videos

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Michael's Screenworld by Michael Rosenblum

Introduction to Screenworld

Runtime : 3:26 Views : 4520
Michael introduces you to new opportunities in video.

Chess & Video

Runtime : 4:28 Views : 1999
With the increasing advances in technology video will become as cheap…

Greshams Law

Runtime : 2:40 Views : 1949
Michael explains how Gresham's Law can be applied to the advances in video.

Where The Customers Are

Runtime : 2:04 Views : 1995
Michael gives tips on how to find clients looking exactly for the videos…

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Comments

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michael
9:16 am Monday
Jul 18, 2011

thanks!

travelbug
9:12 am Monday
Jul 18, 2011

Michael, where were you when I was falling asleep in history class? Teachers everywhere should be watching your videos. :)

Matt2789
3:06 pm Wednesday
Jun 22, 2011

Thanks Michael. I misunderstood the line "More valuable currencies will drive out less valuable ones" to mean that the valuable currencies were good money/gold bars.

michael
2:13 pm Wednesday
Jun 22, 2011

Hi Matt. No, Gresham's law states that 'bad money drives out good', that is, if you have paper dollars and gold bars in circulation simultaneously, the existence of the paper will drive the bars out of circulation, in that people will hoard them, and use the paper to spend - to get rid of it as fast as possible.

Matt2789
2:05 pm Wednesday
Jun 22, 2011

I love these videos but shouldn't the graphic at :38 read "Good money drives out bad" instead of the reverse way it is written now? I don't mean to nit pik but this has me puzzled? This Gresham character sounds the Jim Crammer of the 16th century.

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