Comment by EGreg 3 months ago Seigniorage doesnt create liabilityBut commodity money doesn’t require seigniorage 1 comment EGreg Reply hgomersall 3 months ago Seigniorage absolutely relies on the fact that money redemption value is different to the value of metal (or whatever). That difference is the liability.
hgomersall 3 months ago Seigniorage absolutely relies on the fact that money redemption value is different to the value of metal (or whatever). That difference is the liability.
Seigniorage absolutely relies on the fact that money redemption value is different to the value of metal (or whatever). That difference is the liability.