劣币驱逐良币 meaning in English
gresham's law
Examples
- From the angle of investors and the market , the counter eliminating market of gresham ' s law ( the bad money will drive out good ) will be formed , because a large number of listed companies abuse the earnings management systematically and lastingly , which , together with the ineffective supervision , will pose a direct threat to the existence and development of the chinese market
因为从投资者和市场角度来说，大批上市公司系统与持续性的滥用盈余管理和长期缺乏有效监管将形成劣币驱逐良币的逆向淘汰市场，从而直接威胁我国证券市场的生存和发展。