How does “bad money” drive out “good money”? According to Gresham’s Law, if you were to have pure gold coins and some that weren’t, you’d most likely keep the pure ones and spend the ones that weren’t. Two Cents hosts Julia and Philip break explain it best! For more money talk, catch up on episodes of Two Cents on YouTube! | PBS Digital Studios
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President Donald Trump said Tuesday that PBS and NPR are “a waste of money,” having convinced the Republican-led Congress to gut funding for U.S. public media last year. The president made the comment moments before signing legislation passed earlier in the day by the House of Representatives to fund most of the government through the end of September and end the partial government shutdown. Trump’s remarks were not the first time he has singled out PBS and NPR. Earlier in the year, the presiden
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