lyut3 bai6 keoi1 zuk6 loeng4 bai6劣幣驅逐良幣劣币驱逐良币

Jyutpinglyut3 bai6 keoi1 zuk6 loeng4 bai6
Yalelyut baih kēui juhk lèuhng baih

Definition

Bad money drives out good; Gresham's law, or more broadly, the phenomenon where the inferior displaces the superior.

  1. technicalGresham's law; bad money drives out good money in circulation
  2. figurativeThe phenomenon where low-quality things easily become popular and crowd out high-quality things
writtenmoneyother

How it's used

Originally an economic principle describing how debased currency forces high quality currency out of circulation, this phrase is now widely applied to cultural, social, or professional contexts. It serves as a critique of environments where low quality standards become the norm because they are cheaper or easier to produce. People use it to lament the decline of quality in industries like media, design, or retail.

Common phrases

the occurrence of bad money driving out good

Common mistake

Do not confuse this with a simple description of competition. It specifically implies that the inferior product is winning not because it is better, but because the market environment incentivizes the survival of the lower quality option.

Grammar color guide

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