Talk:Seigniorage/Comments

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I am glad your article mentions the Huber-Robertson proposal, otherwise it is largely misleading. Why do people who should know better pretend to insist that seigniorage for coins and seigniorage for notes is different, it is only the material they are made from that is different, no matter what black-box illusions go on at central banks.

Seigniorage has got nothing to do with gold, as gold has nothing to do with money, this lie is getting very old indeed, at least 5000 years old.

Seigniorage has also got nothing to do with inflation/deflation, tax, interest or anyting else construed in the article. Only economists could come up with such over-complicated rubbish.

Seigniorage is simply just the difference between the face value of the money and the cost of manufacturing, and maybe distributing, the money. Nothing more, nothing less.

Jamie Walton.