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When Treasure Notes Turned to Worthless Ink #shorts
The Ming Dynasty tried to replace silver with paper “Treasure Notes.” At first, trade boomed. But without silver backing, inflation exploded, merchants revolted, and by 1425 the empire’s treasury collapsed. A timeless lesson: paper without trust destroys empires.
#MingDynasty #PaperMoney #HistoryShorts #Collapse #AncientChina #shorts #coinandcrown #coincollapse #coinhistory
Видео When Treasure Notes Turned to Worthless Ink #shorts канала Coin & Crown
#MingDynasty #PaperMoney #HistoryShorts #Collapse #AncientChina #shorts #coinandcrown #coincollapse #coinhistory
Видео When Treasure Notes Turned to Worthless Ink #shorts канала Coin & Crown
Ming Dynasty Treasure Notes paper money collapse Chinese history Silk Road trade ancient inflation currency history money collapse empire fall finance history historical collapse qing dynasty ancient china world history yuan dynasty ancient china history history explained china history crash course history xia dynasty chin dynasty history channel qin dynasty
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19 августа 2025 г. 9:00:06
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