Monetization of Gov’t Duties

Double-digit inflation rates, either those hovering around 18-20% in the years prior to the fiscal 2018-19, or 40-50% in subsequent years, are triggered by the government’s insistence on fulfilling its responsibilities by printing money. This shows that the cause of all double-digit inflation is “seigniorage” and not the budget deficit. 
Seigniorage is the difference between the face value of money — both paper bills and coins — and what it costs to produce it. It may be counted as positive revenue by a government when the money it creates is worth more than it costs to produce. This is the case of Iranian government, which may not directly, but indirectly use this method to finance the costs of its obligations and duties. 
Kamran Nadri, an economic expert, prefaced his article for the Persian daily Donya-e-Eqtesad with this note. A translation of the text follows: