61. "In the longer term, however, things will be different. It is worth recalling that seigniorage is no longer being exercised by all those seigneurs-emperors, kings and imperial governments-who once possessed it. The reason is simple: seigniorage is such a tempting privilege that it always ends up being abused." The outcome of abusing seigniorage is: a) high inflation b) high interest rates c) high unemployment d) both a) and b) above