Difference between revisions of "Seigniorage"
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Latest revision as of 19:20, 2 July 2020
Seigniorage is the revenue raised by the government through the creation of money; also called the inflation tax.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Seigniorage. The revenue raised by the government through the creation of money; also called the inflation tax.
