4 ms·
The original purpose of money is seignorage, the difference between face value and actual value of the currency. It doesn't get better then printing hundred dol
by namaria 4y ago
The original purpose of money is seignorage, the difference between face value and actual value of the currency. It doesn't get better then printing hundred dollar bills that get out of circulation - almost pure profit.
Taxing in kind is way better, it's inflation proof.