2004Journal of Xuchang UniversityRequires access

Research in the use of currencies in the Northern Wei Dynasty

Wei Shi

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Abstract

In the Northern Wei Dynasty commodity exchange was not popular enough,but ‘no exchange between money and commodities’ was not a fact.Actually,there was circulation of metal currency,extensive use of currency in kind—cereals,silks,etc. and animals such as cows and horses also played a part in commodity exchange.The state had a low level in currency management function, but it had some intervention activities.

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In the Northern Wei Dynasty commodity exchange was not popular enough,but ‘no exchange between money and commodities’ was not a fact.Actually,there was circulation of metal currency,extensive use of currency in kind—cereals,silks,etc. and animals such as cows and horses also played a part in commodity exchange.The state had a low level in currency management function, but it had some intervention activities.

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Available abstract

In the Northern Wei Dynasty commodity exchange was not popular enough,but ‘no exchange between money and commodities’ was not a fact.Actually,there was circulation of metal currency,extensive use of currency in kind—cereals,silks,etc. and animals such as cows and horses also played a part in commodity exchange.The state had a low level in currency management function, but it had some intervention activities.

Key concepts: Circulation (fluid dynamics), Currency, Commodity, Hyperinflation, Economics, State (computer science), Monetary economics, Foreign exchange market

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