Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Alternative form of
seigniorage .
Etymologies
Sorry, no etymologies found.
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Examples
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Might this surge in "seignorage" - the profits earned first by medieval kings for issuing money, and now by the private banks for issuing debt - come to overwhelm the poor serfs ploughing the fields and trying to decorate their newly-built starter homes carpets and curtains included?
Sustainable Economics? Patrick Vessey 2008
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The real economic benefit conveyed by the right to print the accepted global currency is called seignorage, which results in part from the lower capital cost Americans derive from foreigners 'willingness to hold dollar cash.
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The real economic benefit conveyed by the right to print the accepted global currency is called seignorage, which results in part from the lower capital cost we derive from foreigners 'willingness to hold dollar cash.
The Dollar and the Market Mess Bill Wilby 2008
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The real economic benefit conveyed by the right to print the accepted global currency is called seignorage, which results in part from the lower capital cost Americans derive from foreigners 'willingness to hold dollar cash.
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It is on this principle that paper money circulates: the whole charge for paper money may be considered as seignorage.
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And this loss of purchasing power of existing money balances and the decline in the real value of government debt represents the seignorage tax.
Laurence J. Kotlikoff: What Should the Fed Do to Move the Economy Ahead? 2010
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I put the word finance in quotes because printing money is simply a way of imposing a hidden and subtle tax, which economists call seignorage.
Laurence J. Kotlikoff: What Should the Fed Do to Move the Economy Ahead? 2010
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And this loss of purchasing power of existing money balances and the decline in the real value of government debt represents the seignorage tax.
Laurence J. Kotlikoff: What Should the Fed Do to Move the Economy Ahead? 2010
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What it actually does is transfer a small amount of seignorage revenues from the federal government to the counterfeiters.
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I put the word finance in quotes because printing money is simply a way of imposing a hidden and subtle tax, which economists call seignorage.
Laurence J. Kotlikoff: What Should the Fed Do to Move the Economy Ahead? 2010
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