The content of this chapter is being typed. When you see this text, please refresh the page later to see if it has been updated. If it has not been updated for a long time, please contact us through feedback below!

Special moments, please bookmark and support: (https://www.haimawx.com) Han Buxu Soushu Novel Network

Of course, the abolition of the two countries and the new era was mainly conducive to the future development of the Ming court in Southeast Asia, after all, it was to do business with the West.

In fact, the currency circulating in society during the Ming and Qing dynasties was actually copper coins rather than silver. The two-currency system has been used under the feudal system of China for thousands of years. The people used copper coins, which were minted by the government.

Silver and gold are mainly used to compare copper coins and are used to correspond to the value of copper coins.

This is also why officials and businessmen always like to hide silver at home rather than take it out to buy things, because they did not intend to buy things with silver.

The young masters piled up gold and silver at home, and then circulated copper coins on the market, using silver to determine the value of the copper coins.

The silver ingots were cast into silver coins, but they were just a different appearance, and had little impact on the people in the 17th century, because the currency used by the people in daily trading was copper coins rather than silver.

The main reason is that silver is too expensive. If the official price is one tael of silver and two thousand copper coins, then in ancient times, a family of three might have to spend more than three taels of silver a year.

Even if the common people suddenly have a few taels of silver in their hands, they will exchange the silver in their hands into copper coins for convenience of trading.

Therefore, even if the silver is minted into coins like copper coins, in daily transactions, the silver coins will be too high, and the transaction parties will be inconvenient to change and exchange, and they will be slowly chopped down, commonly known as broken silver.

Therefore, silver coins were purely thankless behavior during the Ming and Qing dynasties. No matter how good the silver coins you cast, they would be chopped into pieces by the people to use.

However, in the late Qing Dynasty, with the deepening of Western plunder and the opening of trade, thousands of silver dollars flowed into China. The inflow of silver over a whole few hundred years caused the price of silver to gradually drop, which made silver minting possible for silver coins to be circulated and used.

However, during the current Kangxi period, silver was far less expensive than later generations to use currency, and it was not very useful to change it to silver dollars.

Liu Yu cast silver dollars not for circulating and using them among the people, but for the future development of the Luzon Ming court in Southeast Asia.

On the mainland, the great masters of Qingtian could hide silver at home, then mint copper coins and use copper coins to buy things from the common people. The conversion price of silver and copper coins depends entirely on the emperor's mouth.

When you arrive in Nanyang, Spanish and English will take your own tricks?

If you use copper coins to do business with the Spanish, believe it or not, others will directly bombard you with gunshots.
Chapter completed!