Seinorage financial definition of Seinorage
Seigniorage (redirected from Seinorage)
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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.
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
References in periodicals archive
Because the Fed would have to generate adequate seinorage to ensure that the public's debt limit is not breached.
A locked-in and irreversible fiscal policy means that the Federal Reserve must eventually coordinate its policy to generate adequate seinorage revenues.
This revenue is in the form of inflation tax (m[pi]) and seinorage