Seigniorage

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Seigniorage

The amount of goods and services that the government obtains by printing new money in a given period. Often we consider this in real terms, by dividing the new money by the price level.

Seigniorage

The money a government generates when it prints more money. This usually is calculated as the difference between the face value of the money and the value of the bullion backing it.
References in periodicals archive ?
Some people contend that raising adequate revenues via seinorage would never be feasible.
However, the deficit-induced addition to the debt-GDP ratio could not occur mainly because the effect of these deficits was more than offset by opposite effects of a combination of revenues from seinorage, negative interest rates, rapid economic growth and appreciation of real exchange rate.