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by meric
4061 days ago
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Usually the by the time the government tries to debase the coins gradually so it can make money from seigniorage., it is in a lot of financial trouble, and I think it's the financial trouble that causes the collapse of the currency, rather than the debasement. If a government made money from seigniorage, but only to the extent of replacing broken coins, and the nation is in good economic health overall, there will be no currency troubles. |
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