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seignorage |
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| Hence the seigniorage enjoyed by European governments still in monetary union would decrease. Mint reports a 20 percent seigniorage (profit) on minting cents, they will do so well into the future. Ryan's bill provides that if Iraq becomes officially dollarized, the United States could rebate to Iraq most of the seigniorage (profit) from the dollar paper money and coins used to replace Iraqi dinars in circulation. |
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