Seigniorage(redirected from Sienurage)
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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved