Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Question for someone understanding Economics
>
Reply to Thread
Message:
<p>[QUOTE="mrbrklyn, post: 234067, member: 4381"]Really. When does the Mint or the Treasury pay a dividend to its employees or executives??</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>We had this whole conversation and this is NOT how you paint it. Google the previous discussions between me and Doug. I just don't have the energy to repeat it.</p><p><br /></p><p><br /></p><p>See the above link for more inforamtion as well including:</p><p><br /></p><p>"During the era of commodity money, the monetary base consisted mainly of precious metal coins minted by the State. Seigniorage was the difference between the face value of coins and the cost of producing them, effectively a tax on the public. In a modern fiat money system, seigniorage arises in a different way, but in fact is an illusion as will be explained."</p><p><br /></p><p><br /></p><p><br /></p><p>Ruben[/QUOTE]</p><p><br /></p>
[QUOTE="mrbrklyn, post: 234067, member: 4381"]Really. When does the Mint or the Treasury pay a dividend to its employees or executives?? We had this whole conversation and this is NOT how you paint it. Google the previous discussions between me and Doug. I just don't have the energy to repeat it. See the above link for more inforamtion as well including: "During the era of commodity money, the monetary base consisted mainly of precious metal coins minted by the State. Seigniorage was the difference between the face value of coins and the cost of producing them, effectively a tax on the public. In a modern fiat money system, seigniorage arises in a different way, but in fact is an illusion as will be explained." Ruben[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Question for someone understanding Economics
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...