Shire Silver Solutions

Someone on a forum wrote:

The Liberty Dollar business model is to have enough seignorage to stay ahead of inflation (thus a profit motive to spend it) but less seignorage than US coins and FRNs have (thus a profit motive to accept it). As long as it stays in these bounds it's the best way to convert to a precious-commodity-based economy.

For those unfamiliar with the term, dictionary.com defines it as:

seign·ior·age
–noun

1. something claimed by a sovereign or superior as a prerogative.
2. a charge on bullion brought to the mint to be coined.
3. the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.

Also, seign·or·age.

This is something we need to consider, since money is a product just like any other product, and the producers need to make a profit or they won't produce any.

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