Seigniorage(redirected from Signorage)
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Related to Signorage: Senioriage
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.
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