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During the period of Emperor Wu of the Han Dynasty, foreign wars exhausted the national treasury. How did the Western Han Dynasty get rid of the financial crisis?
The way to get rid of the financial crisis is to sell officials and titles and save themselves through currency reform. These two methods began to work, and then there were more and more problems.

One way out of the financial crisis is to sell officials and titles.

During the period of Emperor Wu of the Han Dynasty, frequent foreign wars led to the emptiness of the national treasury. How can we fight without money and ensure the food supply for the army? The life of the people is very hard, and we can't add any more burden to the people. They will rebel, and Emperor Wu of the Han Dynasty will think. I know that many rich people are persistent in being officials, hoping to honor their ancestors. Even if it is a vacant position, the people should have such a hollow reputation.

Emperor Wu of the Han Dynasty set his eyes on the title system, and let out the wind that how much money can buy what kind of official position. The state recognized that all the official positions bought were legal, so many wealthy businessmen dajia came to see what official positions were suitable for them. You know, these people are money at best. It doesn't hurt to get more money. In this way, Emperor Wu of the Han Dynasty obtained more than 300,000 yuan of gold in a short time by selling officials, which suddenly eased the financial pressure of the country.

The second way to get rid of the financial crisis is to save yourself through currency reform.

Emperor Wu of the Han Dynasty benefited from selling officials. The country is not in danger for the time being, but it still needs a lot of money to fight abroad. Then Emperor Wu of the Han Dynasty figured it out that he could reform the currency and spend more money. The main purpose of this time is to issue two new currencies, leather coins and white gold coins.

Unfortunately, the face value of these two currencies is completely inconsistent with the reality, and the country can also get rich "seigniorage" from them. To put it simply, you need to exchange old money for new money and pay the handling fee. The country has collected a pocket full, but the people are pitiful, and the exchange rate is extremely unreasonable. Basically, after the people changed, life became more difficult, and they began to rebel against the whole society. Even more people invented counterfeit money. Finally, Emperor Wu of the Han Dynasty discovered this drawback and abolished this small artifact to make money.