-
Seigniorage /ˈseɪnjərɪdʒ/, also
spelled seignorage or
seigneurage (from Old
French seigneuriage 'right of the lord (seigneur) to mint money'), is the difference...
- earn the
government between $2.6
billion and $5.1
billion in
additional seignorage and $110
million in
additional numismatic profits.
Diehl and
Castle used...
-
French equivalent of the
English Our Lord
Jesus Christ. The
English word
seignorage is also
derived from seigneur. The
title is
still used in the Channel...
- and the 98
cents earned from
seignorage was
applied to the
national debt. Had the
coins been melted,
their seignorage would have been
added to the debt...
- of
nothing falls to the bank. In a
mutual credit system,
there is no
seignorage mechanism, and no interest.
Since the
money supply is elastic, the problem...
- However, the
effect that an
increase in
nominal money balances has on
seignorage is ambiguous, as
while it
increases the
amount of
money within the economy...
- and for some
developing countries it is the
primary source of revenue.
Seignorage is one of the ways a
government can
increase revenue, by
deflating the...
-
country loses all
control over
monetary policy, and all the
benefits of
seignorage. A
currency board is a
second tier solution,
where the
exchange rate of...
- (1),
March 1981, pp. 39–53. “Inflation, Bank Profits, and
Government Seignorage,”
American Economic Review, 71 (2), May 1981, pp. 352–5. “Bank Reserves...
-
estimated that he
earned about one
million thalers in
profits on the
seignorage. The coin
eventually became universally accepted beyond Prussia and helped...
