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The temptation of dollar seigniorage

The temptation of dollar seigniorage
By Kosuke Takahashi

TOKYO - As the United States seeks to finance its ballooning budget deficits by printing more US dollar bills, Japanese economists are increasingly concerned that the excessive use of dollar seigniorage by US financial authorities will further shake confidence in the US currency at a time when the world lacks an alternative globally accepted currency.

read the rest here!
http://www.atimes.com/atimes/Japan/KA23Dh01.html




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SteveMT's picture

SIERRA: I just cited the same article on your other thread.

We are on the same wavelength.

lol... you know what they

lol... you know what they say about great minds!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain