1.Gresham's Law describes this phenomenon, which can be summed up in one phrase: Bad money drives out good money.
格莱欣法则(4)诠释了这个现象,它可以用一句话来总结:劣币驱逐良币。
2.It's today called "Gresham's law" , for an English economist who was incorrectly thought to have originated the idea.
今天这一理论被称为“格雷沙姆定律”,因为人们误认为这个想法是一个叫格雷沙姆的英国经济学家首先想出来的。
3."I'm still amazed that the darn things work, because I was a little skeptical, " says Norm Armour, general manager for the Gresham plant.
格雷斯罕厂的总经理阿默(NormArmour)表示:「我还是觉得不可思议,这玩意儿竟然可以运作,因为我本来是有点怀疑的。」
4.When both yield and credit are at risk from the standpoint of "Gresham's law" , the mix can be toxic.
如果从格雷欣法则来看,收益率和信贷都面临风险,那么二者的相互作用可能会造成危害。
5.Gresham as opposed to Keynes may become the applicable economist of this new day.
理论与这个新时代更相符的经济学家可能是格雷欣,而不是凯恩斯(Keynes)。
6.Importantly, Gresham's corollary is not another name for "pushing on a string" or a "liquidity trap" .
重要的是,“格雷欣推论”并非“推绳子”(pushingonastring)或“流动性陷阱”的别称。
7.Historical examples and central bank staff models will probably not validate this new Gresham's corollary.
历史上的例子和央行的人员模式很可能无法为这一新的“格雷欣推论”提供佐证。
8.In the case of low yielding Treasuries the Gresham's corollary at first blush seems illogical.
就低收益美国国债而言,“格雷欣推论”乍一看似乎不合逻辑。
9.In economics, this scenario falls under Gresham's Law, which says that bad money chases out good.
在经济学中,这一幕被叫做“格雷欣法则”,所谓劣币驱逐良币。
10.Slade: What does your daddy do in Gresham Oregon, hmm? Count wood chips?
你父亲在戈瑞仙姆,奥勒根是干什么的?数木块?