And without the seigniorage from the underground economy, the United States would see a dramatic decline in revenue.
22.
These models focus on the unrestrained seigniorage of the monetary authority, and the gains from the inflation tax.
23.
Seigniorage is earned by selling the coins above the melt value in exchange for guaranteeing the weight of the coin.
24.
The adoption of the amero could threaten the seigniorage that the U . S . currently gains from its dollar.
25.
Rational expectations of inflation take into account a bank's seigniorage strategy, and inflationary expectations can maintain high inflation.
26.
The riksdaler specie was protected against inflation through its connection to silver but the banknotes suffered heavily from a seigniorage induced inflation.
27.
Instead of accruing seigniorage from fiat money and credit, most governments opt to raise revenue primarily through formal taxation and other means.
28.
For coinage only, seigniorage accruing to the U . S . Treasury per dollar issued for the fiscal year 2011 was 45 cents.
29.
When adopting a foreign currency as legal tender, a monetary authority needs to withdraw the domestic currency and give up future seigniorage revenue.
30.
He became famous for his monetary theory on seigniorage and the many public initiatives led against private banking system and the Bank of Italy.
