The government's profit from issuing fiat money is known as

Name: The government's profit from issuing fiat money is known as
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Seigniorage is the profit earned by the government by issuing fiat money, which is not backed by any commodity. When the government prints more money than required, the value of money decreases, which results in inflation. The government earns profit in the form of increased revenues from taxes due to inflation, and this profit is known as seigniorage.

The Government's Profit from Issuing Fiat Money Is Known as