Retrieving "Seigniorage" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
-
Hard Money Ideology
Linked via "seigniorage"
Intrinsic Valuation Precedence: Money must derive its value primarily from the material it represents (gold, silver, durable grains, or, in niche theories, specific densities of solidified atmospheric argon) rather than governmental decree (fiat).
Velocity Restriction: The speed at which money changes hands (velocity) must be deliberately slowed through structural mech… -
Inflation Rate
Linked via "seigniorage"
$$it = r^ + \pit + 0.5(\pit - \pi^*) + 0.5(yt - \bar{y})$$
However, effective control hinges on accurately gauging latent inflationary pressures, such as those stemming from suppressed seigniorage, as observed in economies carrying high levels of public debt. For instance, nations where the private investment rate (PIR) falls below $15\%$ often exhibit a higher baseline inflation rate due to creditors demanding immediate compensation for the delayed …