Assume the following facts to be true and answer the
question that follows:
If the overlord
is not to be deprived of his seigniory. (See:
Braswell v. Braswell, 195 Va.
971 at 975, 81 S.E. 2d 560 at 562 (1954), a property case on Doctrine of
Worthier Title.)
And, seigniorage (a.k.a. ‘inflation tax’) is to be collected
by those
who print/control currency.
who print/control currency.
The entity that prints/controls the currency is the overlord:
(*edit Oct. 30th, 2015. I maybe should clarify and say, "The entity to which the money is given immediately after it is printed is the overlord:" )
___ Always
___ Never
___ Sometimes
___ Uncertain from the facts given
(You can give your answer to this question on the SurveyMonkey link immediately above which should take you to the survey located at: https://www.surveymonkey.com/
FYI / Definitions:
seign·ior·y :
The power, rank, or estate of a feudal lord. Also called signory.
Seigniorage:
[Middle English seigniorie,
from Old French, from seignor, seignior;
see seignior.]
seigniory, signory:
n pl -gniories,
-gnories
1.
(Historical Terms) less common names for a seigneury
2.
(Historical Terms) (in England )
the fee or manor of a seignior; a feudal domain
3.
(Historical Terms) the authority of a seignior or the relationship between him
and his tenants
4.
(Historical Terms) a body of lords
Seigniorage:
Definition of SEIGNIORAGE
: a government revenue from the manufacture of coins
calculated as the difference between the face value and the metal value of the
coins
Variants of SEIGNIORAGE
sei·gnior·age or sei·gnor·age
Middle English seigneurage, from Anglo-French seignurage
right of the lord (especially to coin money), from seignur
First Known Use: 15th century
What Is Seigniorage?
Another way to look at it (but maybe not how I would explain it):
Wikipedia’s way of explaining it. (Wikipedia’s maybe not good for reference but
it’s often good to see opposing viewpoints in the same webpage document,
nevertheless.)
