The Change Of Monetary System In Qin And Han Dynasties

The monetary system had a unique historical context in Qin and Han dynasties, From the Qin Dynasty to the Han Dynasty, the reform of the monetary system is the most frequent historical period. Spring and Autumn and Warring States periods gradually formed four monetary system: spade-shaped coin, sword-shaped coin, round coin and coin in the Chu state, With the development of regional economy, Currency in circulation has been hampered communication between the development of national commodity economy. Emperor Qin Shi Huang unified China, established the first feudal system of country, Qin pursue "The half tael of coin" system to the six countries, Developed to meet the needs of the weight and shape, " The half tael of coin " has become a milestone in the history of the monetary system. Reverted mint right, The Qin tomb bamboo slips also have documented the currency of content, Since, Pioneered the ancient Chinese currency for the first unity. With the brief rule of the Qin dynasty, Under the rule of the Han Dynasty is the road of arduous currency exploration.Han inherited Qin system, First take a respite policy, Recovery commodity economy. Han Dynasty have more frequent currency reform, From emperor Gaozu allow civil cast coin which like elm seed in the early Han Dynasty, Empress Lv Carry out "Ba Zhu Coin" to Emperor Wen of Han’s abolition of pirating mint coins, allow civil coin money. In the early Han Dynasty there are multiple currencies in circulation. Ruler has been exploring in line with monetary circulation system in the " coin which like elm seed ". With the development of commodity economy increased demand for money, Several times to change currency and Currency chaos didn’t affect the recovery and development of the social economy, Development of commodity economy expanded the Princes forces. And behind the official and private casting, It is an indisputable right of seigniorage.,The mintage of civil intensified social conflict. For this, Emperor Han Jing’s time enacted laws and decrees to curb private casting, Behind the economic prosperity of the Emperor Wen and Jing, is the currency chaos, expansion of local forces and “the malpractice of legal tender did not established”.The fundamental problem of the monetary is authority coin, Faced with chaos currency system, For this, Emperor Wu of Han Dynasty punished those who stole casting, Promoted financial measures in dominate politics, Collected money through currency reform: issue platinum, white deerskin coins and other virtual currency. Implemented the Policy of Restraining Commerce, Such as Levied property taxes and rewarded whistleblowers who reported tax evasion case. After the county five baht coins, The Chi Ze coin, Finally established three officers Wu Zhu coin, For a long time the central government casted currency monopoly right in the early Han Dynasty. Policy prohibits private casting solved Currency instability and Currency in circulation confusion. Consolidate a unified centralized state, Established the coins as currency monetary system. So far, Chinese history first truly unified currency system. The Wu Zhu Coin maintained a relatively long period of stable inheritance and development, It is the largest amount of circulation and the longest circulation coins in history, opened up a model in currency. On the later of the monetary system had a profound impact, Currency development has entered a new stage.But as Wang Mang restructuring, issued a complex, many kinds of money on currency, Eastern Han Dynasty, Gold withdrawn from circulation, Physical currency in circulation again, Dong Zhuo remolded money, Currency fell into chaos. This article take historical time as the mainline, by monetary form, monetary policy and the relationship between economic development and commodity research, have a more comprehensive understanding with Qin and Han monetary system. Bring the institutional factors into the analysis of economic history, Through this main line, By analyzing the different periods of currency change, To explore the context of the changes of the monetary system in the Qin and Han Dynasty.