Research in the use of currencies in the Northern Wei Dynasty
Wei Shi
Abstract
Wei Shi
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.
Key concepts: Circulation (fluid dynamics), Currency, Commodity, Hyperinflation, Economics, State (computer science), Monetary economics, Foreign exchange market