Discovering hidden economic insights: Seigniorage. 📚💰

Have you ever wondered about the difference between the cost of making money and its face value?

In a KGB lecture on ‘World Management,’ this fascinating concept was unveiled.

For instance, the cost of producing a $100 bill is just $0.10, yet its face value is $100.

This intriguing discussion reminds us that there’s always more to learn about the world of economics. 💡

#Entrepreneur #SmallBusiness #StartupSuccess #BusinessMentor #WomenInBusiness #Innovation #BusinessGoals #DigitalMarketing #Leadership #mindset #business #product
Avatar of business_in_reels

business_in_reels

2024-03-10 07:52:00

notice no economist will tell you this but you can educate them
let them then open an economic encyclopedia find a word starting with s
signore age
s e i g n i o r a g
saying the orange is defined in the encyclopedia
as the income that results from the difference between the cost of making money and it's face value
in other words the cost of producing a one hundred dollar bill is ten cents and it's face value is one hundred dollars
in russia
you can exchange these bills for whatever you want