His theory is that Gresham's Law manifests itself only when there is a redundancy of the currency due to the issue of paper money, or overvalued metal.
It is true that Germany and the countries of the Latin Union possess, in their circulating medium, large quantities of overvalued thalers and five-franc pieces which are exactly like our silver dollars.
Where two metals are concerned, then, the only effect of a legal-tender clause is an injurious one, in that the metal which is overvalued drives out that which is under-valued.
No other country has ever entered on an addition of overvalued coin to its circulating medium having the object and extent of that made by our silver act of 1878.
An endeavour or seeking to rise above our appointed place, or to be overvalued by others.
For pride is an overvaluing ourselves, for greatness, wisdom, or goodness, and a desire to be so overvalued of others.
This number reflects the greatly overvalued official exchange rate of 11.
At such rate it was overvalued and refused, and in the second issue of the same year the value was dropped to .
Concurrently silver, as the overvalued metal, commenced to disappear from circulation.
The invisible hand of the market will devalue overvalued currencies, force industry to restructure, force the banking system to amalgamate, force inept and corrupt politicians out.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "overvalued" in a variety of sentences. We hope that you will now be able to make sentences using this word.
