The Investigation To Monetary System Of Liao Dynasty

Yelv Abaoji unified many tribes of Khitan and established the Liao Dynasty in the northern part of ancient china in 916 AD.In the early years,the rulers of the Liao Dynasty obtained a large number of Han populations by means of force conquest and policy recruitment.In order to properly place these populations,the rulers built cities and established counties,implemented the policy of “ruling by customs”,and established the monetary system,which can adapt to many kinds of economic development,according to the economic system of Central Plains,and promoted the monetary system in their ruling area.Accepting and implementing the monetary system symbolized the beginning of change of the rulers’ concept,and at the same time marked that the Liao Dynasty had fully gone into feudalism.Which not only promoted the fusion of races and the further development of history,but also inherited and enriched the Chinese monetary culture and made the currency of Liao Dynasty had become a curiosity among many other currencies.The amount of currency of Liao Dynasty is much more and full of features Compared with other dynasties’ currencies in Chinese history.There are not only the ‘year of money’,which both with political symbolism and circulation function,but also the ‘yashengqian’ with non-exchangeable nature and used in special purpose,in addition Liao dynasty also imitated the money from the Tang dynasty and other Central Plains dynasties.Moreover,different kinds of money showed different characteristics because of the version.The style and rhyme of Liao dynasty’s currency in the design is unique in many ancient Chinese currencies.From the font characteristics of currency and the moral and the writing,not only can we understand the Khitans’ concept ofdominate,character,but also reflect the Khitan ruler’s psychology to the Central Plains dynasty.As nomad,Liao dynasty does not have currency management agency.The rulers of Liao dynasty referred to the Central Plains dynasty set up currency governing agency,which led to many problems such as the names of currency governing agency is too complicated and unclear affiliation relationships.However,their currency idea is very open.In the ruled area of Liao Dynasty,not only can flow the currency cast by their-self,but also the currency of the other Central Plains dynasty,such as Tang Dynasty,the Five Dynasty,Song Dynasty.This currency idea solves the problem of insufficient circulation currency cased by resource is unevenly distributed,and successfully avoid the economic crisis.This article will abandon the traditional concept that has existed for a long time,analyze objectively the historical information on currency character behind the Liao Dynasty,explore the currency governing agency and currency circulation problems in Liao Dynasty,and reinterpret the Liao Dynasty currency from a historical view.This will further enhance the understanding and research of the economic development of the Liao Dynasty.