Re: Seigniorage, Who, What, Why

From: Lantern (gchand4059_at_aol.com)
Date: 08/18/04 

Date: 18 Aug 2004 20:22:50 GMT

william_b_ryan wrote in part:

>>The central bank is one bank in a system with many banks, in a financial
sector with many firms, foreign and domestic. Only a small fraction of
outstanding federal debt obligations are held in the portfolio of
the central bank.>>

Kinda interesting but where does the U.S. seigniorage profit go? Is there
objective evidence that it actually gets there?