In addition,finance thought in the era concentrated relatively on different themes in different periods,focusing mainly on metallic standard,paper money system and anti-inflation.
Through an analysis of documents, the author makes a detailed review of the paper money system in the middle of Yuan Dynasty, i.e. from the period of Emperor Cheng Zong to that of Emperor Shun Di.
Chapter 3 makes the arguments on paper currency circulation system as the beginning of Chinese contemporary inflation theories, recognizing inflation(narrow sense) was the biggest obstacle to carry out the system, Scholars started their research on the system from the angle of avoiding inflation.
currency competition abides by the law of "Anti-Gresham's Law", good money drives out bad, in the credit system of paper currency and the freely open international economic environment;
The Jin Dynasty as Northem minority nationality regime Which NuZhen nationahty founded, exists no more than onehundred years in history, but it appeare numerous and complicated single feature on its currency policy. The article fromthe end of Jin Dynasty's historic facts analyses combining chartand makes a exposition to the features of Jin Dynasty'scopper cash policy. paper currency policy and silver coin policy, at last it draws a conclusion: wide using Jin Dynasty'spaper currency and circulating legal siv...
The article introduces two pieces of ivory “qianyuan tongbao”(乾元通宝)o f Tang dynasty in Yichengzhen, Yixing. The data show that the substitutes for coin s have come into being and these substitutes was the very origin of the paper mo ney of Song dynasty.
The factors influencing exchange rate based on the paper currency system are omnifarious. This thesis mainly analyzes the factors influencing long and medium term exchange rate, the current exchange rate and taking shock to the exchange rate. Some key factors decide on the direction of exchange rate while others only hold in play or accelerate the key factors. So, we should analyze the factors synthetically and roundly to get the correct conclusion.