When the central bank provides seigniorage income to the government, why is this considered an inflation tax?

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When the central bank provides seigniorage income to the government, why is this considered an “inflation” tax? Explain.

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Money And Banking

ISBN: 978-0415775472

1st Edition

Authors: Robert Eyler

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Question Posted: Jul 20, 2024 01:02 AM

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When the central bank provides seigniorage income to the government, why is this considered an inflation tax?

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Money And Banking

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