Seigniorage as a tax
Seigniorage can be seen as a form of tax levied on the holders of a currency and as such a redistribution of real resources to the issuer.
Hmmmmmmmmmmmmm.
Out of all the industries, I would say that the financials are the only ones that come close to lawyers, double-speak wise.
I read alot of financial blogs, and practically every day you hear stuff like “The increase in demand was reduced on Tuesday...” and then you sit there scratching your head thinking WTF did they really say??????