According to historical data, in ancient times, the ancients generally used copper coins to trade goods. However, with the gradual development of market trade, there are more and more private copper dealers, which gradually reduces the number of domestic copper coins in the Northern Song Dynasty. In order to alleviate the national treasury crisis, the Northern Song Dynasty imperial court adopted the government monopoly policy, but unfortunately this policy failed to effectively solve the problem. This is because the copper coins mined by the people cannot be used in the market reasonably and legally, but will be stored as their own assets.
In order to alleviate this problem, Sichuan in the Northern Song Dynasty promoted the use of iron coins while using copper coins. Although iron coins can be circulated in the market, compared with copper coins, iron coins are much lower in value and heavier in weight, which is very inconvenient to carry. Until the Song Dynasty developed to Song Huizong, the national finance was still insufficient. In order to alleviate this crisis, Cai Jing issued a large number of paper money. Although the issuance of paper money was in the hands of the imperial court, the issuance of paper money at that time directly led to the rapid rise of domestic prices, which made the domestic society very chaotic.
It is worthy of recognition that the implementation of paper money in the Northern Song Dynasty is of great significance to the development of history. Unfortunately, the Northern Song Dynasty did not do a good job in promoting paper money, not only did it not prepare paper money? Reserve? At the same time, papermaking is very poor. You know, the rapid demise of the Northern Song Dynasty in history was largely due to the policies pursued by Song Huizong. In the face of the economic crisis, the number of banknotes issued should not be too large, and all preparations should be made at the same time. Besides, this policy is just. Treat the symptoms rather than the root cause? Means, which not only does not conform to social development, but also leads to civil dissatisfaction.