Deciphering the Monetary Policy and Development Trajectory in Chinese History During the Cao Wei period, due to the lack of copper resources, the tight money supply led to deflation. During the Wu Shu period, the value of the currency was inflated and the currency was reduced

Demystify the monetary policy and development trajectory in China's history

During the Cao Wei dynasty, due to the lack of copper resources, the tight money supply led to deflation. During the Wu Shu period, the strategy of inflating the value of money and reducing the weight of money was used to deal with inflation. Although the quality of money during the Wu and Shu period was the best in the history of the Three Kingdoms, people did not use currency according to the wishes of the rulers, but used more Han dynasty five-baht money. Other regimes inherited the monetary model of the Three Kingdoms period, using cloth, grain, and even barter in exchange.