From: IN%"frantz@netcom.com" 27-NOV-1995 02:55:15.66 Gresham's law says that the bad money drives the good money out of circulation. Does this mean that real cash is better than ecash ;-). ------------------ You may realize this (due to the smiley), but what Gresham's law says is that hard to distinguish bad money druves good money out of circulation. If something is distinguishable, then it works the other way around (see the replacement of the ruble by the dollar in pre-modern Russia, for instance). -Allen