3 ms·
I don’t know what reactionaries are but I believe the word for how they’re connected is “seigniorage.” Correct me if I’m wrong.
by junofan 3y ago
I don’t know what reactionaries are but I believe the word for how they’re connected is “seigniorage.” Correct me if I’m wrong.
- drxzcl 3y agoNo that’s wrong. That refers to the money made by issuing actual currency, but that’s not how the money supply is regulated. Most of the money is created by banks and other private entities though fractional reserve lending, not actual currency printing.