Seigniorage in and it , s economic effect on the foreign trade .
对外贸易中的铸币税及其经济效应。
Generally speaking , fiscal policy can affect inflation through seigniorage effect and wealth effect .
财政政策一般可以通过铸币税效应和财富效应影响通货膨胀。
Arising from the meaning of seigniorage , this paper analyzes how to measure the seigniorage , and theoretically explains the effects from the inflation and economic growth .
从铸币税的含义出发,引出铸币税的主要度量形式,从理论上说明铸币税受经济增长和通货膨胀的影响。
The interest it earns on its loans and securities is almost pure profit , or " seigniorage , " most of which it remits to the treasury .
美联储通过发放贷款和有价证券所得利息几乎是纯利,或“货币铸造税”,其中的大部分交给财政部。
Seigniorage is really a tax on holders of money and government debt which is paid via inflation .
铸币税实际上是通过通胀对货币和国债持有人征收的税收。
The history of " seigniorage " goes back to the debasement of the coinage under the roman emperors .
铸币税的历史可以追溯至罗马帝国时期钱币的重铸。
This margin would allow a profit , called " seigniorage " , for the central bank .
这将使利润保证金,为央行所谓的“铸币税”。
The currency of a nation can collect international seigniorage in the world once it has become international currency , and the us dollar is obviously a currency enjoying the most international seigniorage . Of course , this also involves costs .
Countries whose currencies are key in the international monetary system benefit from domestic macroeconomic policy autonomy , seigniorage revenues , relatively low borrowing costs , a competitive edge in financial markets , and little pressure to adjust their external accounts .
The difference between that modest cost and the average return of about 3.5 % on its bond holdings explains the whopping " seigniorage " , as the profit the fed earns from printing money is called .