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<p>[QUOTE="scottishmoney, post: 345248, member: 12789"]Queen Elizabeth I of England's great financial advisor, Thomas Gresham, and his oft quoted <b>"Bad money drives out good"</b>. And do notice that has multiple meanings, but the same result. IE when the money goes bad, then so does the government. One of the fundamental foundations that kept Elizabeth I on an otherwise shaky throne was that her coinage was always sound making her government popular. Coupled with her cult of personality, she lasted 45 years longer on the throne than most expected she would.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 345248, member: 12789"]Queen Elizabeth I of England's great financial advisor, Thomas Gresham, and his oft quoted [B]"Bad money drives out good"[/B]. And do notice that has multiple meanings, but the same result. IE when the money goes bad, then so does the government. One of the fundamental foundations that kept Elizabeth I on an otherwise shaky throne was that her coinage was always sound making her government popular. Coupled with her cult of personality, she lasted 45 years longer on the throne than most expected she would.[/QUOTE]
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