22 lines
598 B
Markdown
22 lines
598 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-05 -->
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# Seignorage
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## Definition
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The difference between the value of money and the cost to produce and distribute it, which Smith discusses as a potential source of government revenue and a factor affecting the value of coin.
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## Source Chapter
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Book I, Chapter 5
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## Context
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Smith examines how seignorage affects the relationship between coin and bullion, and how it might be used to regulate the value of different metals in circulation.
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## Economic Domain
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Regulation
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---
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