Seigniorage (

From the Congressional Glossary – Including Legislative and Budget Terms Seigniorage The difference between the face value of minted circulating coins and the cost of their production, including the cost of metal used in the minting and the cost of transporting the coins to Federal Reserve Banks for distribution to the public. Seigniorage reflects an … Read more

Fiscal and Monetary Powers – Article I Section 8, Clause 5 and 6 of the Constitution

The United States Constitution The Fiscal and Monetary Powers Clause are two of Congress’ enumerated powers found in the Constitution of the United States, Article. I. Section. 8., clause 5 and clause 6: (Clause 5 – Money) [The Congress shall have Power] To coin Money, regulate the Value thereof, and of foreign Coin, and fix … Read more