The right to seignorage is the right to:
A) make coins.
B) raise tax revenues.
C) print money.
D) borrow from the public.
E) raise an army.

Question

Quizplus · Accepted Answer

Seignorage is the difference between the nominal value of money and the cost to produce it. The right to seignorage allows a government to earn profits by printing money and adding it to circulation, creating new money without having to back it with reserves. Therefore, the right to seignorage refers to the ability to print money.

The Right to Seignorage Is the Right To