Reincarnation of the Strongest Sword God - Side Stories
Secular Immortal of the Nine Realms
Chaotic Sword God
Apocalypse Gacha
Swear Fealty To Me, My Subjects!
Necromancer: I Am A Disaster
Martial Cultivator
Aspiring to the Immortal Path
There's Absolutely No Problem With The Magic Cards I Made!
Everlasting Immortal Firmament
Conquering OtherWorld Starts With a Game
I, The Dragon Overlord
Apocalypse Gacha
Chapter 758- War Manuscript
Reincarnation of the Strongest Sword God - Side Stories
Chapter 898 - A Talented Subject Knows the Right Leader to Serve
The Defeated Saintess Is On A Journey To Tame The Evil God
Book 01 Chapter 04.07 - Northern District's Haze
Loser System and Berserker Me
Chapter 40: Those On the Fence
Chaotic Sword God
Chapter 3724: Ancestor Ling Perishes
Conquering OtherWorld Starts With a Game
Chapter 162: All-Purpose Handyman
Martial Cultivator
Chapter 414: I Only Want to Kill People Before the Rain Stops
Loser System and Berserker Me
Chapter 39: How Dare You Kill My Horse?
Apocalypse Gacha
Chapter 757- Gamble part 1
Reincarnation of the Strongest Sword God - Side Stories
Chapter 897 - Another Mortal God?
Apocalypse Gacha
Chapter 756- Trapped
Aspiring to the Immortal Path
Chapter 776: Astral Winds
Necromancer: I Am A Disaster
Chapter 205 - I'm In A Hurry
The Defeated Saintess Is On A Journey To Tame The Evil God
Book 01 Chapter 04.06 - Northern District's Haze
Everlasting Immortal Firmament
Book 08 Chapter 073: The Immortal’s Rage
Conquering OtherWorld Starts With a Game
Chapter 161: Bizarre Death
My Iyashikei Game
Chapter 929: Sleepy Time
Martial Cultivator
Chapter 413.2: The Sound of Pouring Rain Doesn't Stop - Part 2
Chapter 173: The Sage Emperor’s Verdict!
Sun Qian came prepared. He carried brush and paper on him, and a servant beside him was holding a tray with inkslab and water. All that was left was for him to jot down Wang Chong’s explanations.
An indescribable feeling welled up within Wang Chong as he looked at Sun Qian.
The matter regarding the jinyuan note was a problem that he brought up at the very end of the memorial he sent to the Sage Emperor. Wang Chong had noticed the issue when he was buying the Hyderabad ores from Ablonodan and Arloja. Huge transactions consisting of several hundred thousand gold taels were conducted on a fairly common basis, and that weighed more than ten thousand jin.
(~5000kg)
Even though it didn’t take up too much space due to the compact size of the gold ingots, it was still inconvenient to carry around.
This made massive cross-border transactions extremely difficult.
Not only so, based on his future knowledge, Wang Chong noticed a potential problem in using gold as a currency.
Gold was a limited resource.
If the rate of gold mining was unable to keep up with the development of the economy, it could severely restrict its growth. In other words, it was possible for Great Tang to run short of ‘money’ in circulation. Based on Wang Chong’s knowledge from another time-space continuum, when dynasties run out of sufficient gold and silver, they would choose to mine and produce copper coins to make up for the deficiency.
Due to the fluctuating quantities of gold, silver, and copper coins in circulation, the currency exchange rate would be highly unstable. A silver tael might be worth a hundred copper coin in one day, but the very next, it might fetch a hundred and ten, a hundred and twenty, or perhaps even more.
This caused instability in the society.
In some dynasties, the royal court had even, to Wang Chong’s incredulity, entrusted the minting of coins to private organisations.
The problem regarding currency wasn’t just limited to the Central Plains, it was a universal one. In the
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