Other language: Vietnamese
Good Landlord of the Tang Dynasty.
Chapter 503: Bamboo Salt. [502]
Summary
The Hu Han merchants in Ningyuan have transitioned from bartering to using various currencies like copper coins, gold, silver, silk, and cloth for transactions. The Turkic merchants favor Li Ji's bank's gold and silver coins due to their quality and difficulty to counterfeit. Li Shi Min, in need of funds, considers minting coins using a new hydraulic method proposed by Li Chao, which reduces costs and increases production. The new Zhen Guan Tong Bao coins have lower copper content but are harder to counterfeit, addressing past issues with inferior coins. The Li Family plans to mint gold and silver coins, taking advantage of their minting technology, while ensuring compliance with court regulations. This strategy allows them to profit from the intrinsic value of gold and silver, enhancing their financial position in the market.Full content
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