This St Louis Fed article says the US made more money from Seigniorage when inflation levels were moderate than when they were low. So this is perhaps a thin p

This St Louis Fed article says the US made more money from Seigniorage when inflation levels were moderate than when they were low. So this is perhaps a thin pretense for a never-ending debt bubble. https://files.stlouisfed.org/files/htdocs/publications/review/92/03/Seigniorage_Mar_Apr1992.pdf&sa=U&ved=2ahUKEwiRvYfk4afnAhWJu54KHZa2AmQQFjAKegQICRAB&usg=AOvVaw3RtJhfKzrTOIAP9cPiZ6oU https://files.stlouisfed.org/files/htdocs/publications/revie...