Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
EGreg
5 months ago
|
parent
|
context
|
favorite
| on:
The Miracle of Wörgl
Seigniorage doesnt create liability
But commodity money doesn’t require seigniorage
hgomersall
5 months ago
[–]
Seigniorage absolutely relies on the fact that money redemption value is different to the value of metal (or whatever). That difference is the liability.
Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
But commodity money doesn’t require seigniorage