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The public debt and public debt policy can become the government's tool of macroeconomic management, and its theoretical foundation is that public debt has the function seigniorage.

国债和国债政策能够成为政府宏观调控工具,其理论基础是国债具有铸币功能。

Credit cards challenge the status of the Central Bank. They impact the monopoly authority of currency issue and reduce the seigniorage revenues.

信用卡挑战了中央银行的地位,冲击了其货币垄断发行权,同时减少了铸币收入,缩小了中央银行的资产负债。

The interest it earns on its loans and securities is almost pure profit, or "seigniorage," most of which it remits to the Treasury.

美联储通过发放贷款和有价证券所得利息几乎是纯利,或"货币铸造",其中的大部分交给财政部。

Through the analysis of the history of Central Bank integrating the currency issue right, we can say that in spite of the dispersion of network currency issue right reducing the Seigniorage Revenues of Central Bank, now. the issue right of network currency should not be taken over by the state.

通过中央银行统一货币发行权的历史分析,可以认为,尽管由于网络货币发行权的分散会减少中央银行的铸币收入,但在目前的条件下中央银行不应该将网络货币的发行权收归国有。

The interest it earns on its loans and securities is almost pure profit,or"seigniorage,"most of which it remits to the Treasury.

美联储经由过程发放贷款和有价证券所患上利息几乎是纯利,或者"钱币铸造",此中的大多交给财务部。

To sum up, the financial function of the public debt has widened the function of the public debt policy. The seigniorage function of public debt and the special function of public debt market in providing liquidity make public debt policy become more independent. Therefore, if public debt policy is to play a sufficient role in the macroeconomic management, it is essential to set up a developed and perfect public debt market.

总之,国债金融职能拓宽了国债政策的作用范围,国债的铸币功能和国债市场在维护市场流动性方面的特殊作用,使国债政策具有较强的独立性,而建立一个发达和完善的国债市场是充分发挥国债政策宏观调控作用的必要条件。

Apart from the immeasurable benefits like power to speak in the international financial forums, benefits of currency internationalization include international seigniorage revenue and financial profits from operating the offshore r...

作者认为,除了在国际金融体系中的话语权等无法计量的好处以外,货币国际化利益主要表现为国际铸币收益,以及运用境外储备投资的金融业收益。

The most direct monetary internationalization benefit is the Seigniorage. Apart from the Seigniorage benefit, the international currency also could bring many other indirect benefits.

一国货币国际化最直接的收益是国际铸币收益,除此之外,人民币成为国际货币还可以带来许多其他间接受益。

RMB's internationalization can benefit China the seigniorage, reduce the risk of the exchange rate, offer the convenience for district trade, finance the deficit and promote RMB's position in the international currency system.

人民币国际化除获得铸币外,还可获得降低汇率风险,为我国区域贸易提供便利、为国际收支的赤字融资、提升人民币在国际货币体系中的地位、获得灵活性优势和收入优势等潜在收益。

The drop in incomes from seignorage and inflation taxes points to the high level of demonetisations affecting the Romanian economy over the past few years.

在从铸币和通货膨胀的高点,收入减少水平的影响在过去数年罗马尼亚经济demonetisations。

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And unto the angel of the church in Sardis write; These things saith he that hath the seven irits of God, and the seven star I know thy works, that thou hast a name that thou livest, and art dead.

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