Message:

<p>[QUOTE=&quot;GDJMSP, post: 184414, member: 112&quot;]Easy, seniorage - when the mint made the SBAs it cost them approx 10 cents per coin to do so. And when the govt later sells the coins to the banks, they are paid $1.00 each for them. That results in a 90 cents profit for each coin they made and distrubted. </p><p><br /></p><p>But if they were to recall those coins, they would have to pay the banks $1 each, which would mean they would lose that 90 cents profit they made. That they are not likely to do.[/QUOTE]</p><p><br /></p>

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