To my patron Qabus for which I had hoped to find asylum.
The silver Standard was the first major precious metal standard and with gold the only major precious metals to be used as a standard of currency. mining of silver began 4000 years ago. Silver as a method of standard currency was first developed by the greeks 2000 years before the prophet jesus born. The currency was in ingots until the Athenian tetradrachm 510 BCE.
The chinese trade silver since the Han dynasty, but before the ming it was used mostly for hoarding wealth or for the tribute system between china and northern tribes, like the the Song and Liao dynasty.
In the era that Qabus wants is 900 years after my death or so, called the Early modern by the most famous of all peoples TheDan. The muslim influenced iberian peninsula country of spain used the native population of the faraway land called America to produce 1.24 million kg of silver in 1500 to 2.48 million kg in 1870. this is more per year than ever before.
this majority of the increased amount of silver found its way to china this is due to the dragons unquenchable thirst for silver via its new tax system which requires its citizens to pay in the metal. As economic theory dictates so much silver so fast caused Inflation that bankrupted the Spanish and led to other Christian powers to dominate the globalization era never the less silver remained an important part of the era mostly in the control of Spain and japan.
During the heyday of the Spanish Silver trade this is what the world looked in an economic perspective
.jpeg)
The Japanese Silver mines
The Spanish Piece of eight silver currency coin
graph of silver production
better graph
Chinese silver coins used to pay in the new tax system.
The place would take silver coins also I want a muffin
The global trade routs
.jpeg)
The greek silver mine and the spanish mine side by side
worksite
No comments:
Post a Comment