From Tang Gaozu Li Yuan to Zhao Xuan Lizhu, only seven or eight kinds of coins were issued in the last 290 years of the Tang Dynasty, but only three kinds were found in the official history, namely the above two titles, namely Kaiyuan Bao Tong, Ganfeng Quanbao and Gan Yuan Chongbao.

This situation is in sharp contrast with the dazzling monetary system of past dynasties. It can be seen that the monetary policy in the Tang Dynasty is very stable and effective, and the basis of stability of course lies in the positive performance of coins themselves in the market circulation.

In the early Tang Dynasty, the society was open and the economy was prosperous. "Kaiyuan Bao Tong" has always been the protagonist of currency circulation. The early rulers tried hard to control prices and maintain Bao Tong's reasonable currency and strong purchasing power, which was also one of the important characteristics of this period known as the prosperous Tang Dynasty.

In the first year of Ganfeng (666), Tang Gaozong issued a large denomination "Ganfeng Full Guarantee", "one for ten old money". The money was beautifully made, slightly larger than or equal to Kaiyuan money, but in the second year, due to inflation, casting stopped and Kaiyuan money was resumed. This is the first large denomination coin introduced in the Tang Dynasty.

Extended data

The Tang government issued a decree to crack down on private casting and prohibit the use of bad money. However, due to the serious shortage of copper coins, the currency value has risen steadily, and private casting is profitable, and the result is not ideal. A long-standing contradiction in social development after the implementation of the two tax laws is highlighted by the increasingly serious problem of "money shortage"

In the big cities of the Tang Dynasty, cabinets and flying money appeared. The counter handles the payment of money and goods, and customers who deposit at the counter can send and pay money with book stickers (similar to checks). All these indicate the prosperity of commerce in the middle Tang Dynasty. At the end of the Tang Dynasty, because of the Huang Chao Rebellion and the separatist regime in the buffer region, the population dropped sharply, and the social and economic scale never reached the level of the prosperous era of Kaiyuan.

In 780 AD, in the middle of the Tang Dynasty, the rulers implemented two tax laws. In that year, the tax money was/kloc-0.898 million yuan, and the valley was 2 15.7 million yuan. 82 1-824 Average annual tax revenue 35 15. 1228. In the late Tang Dynasty, in 853, the tax revenue dropped to more than 9.25 million yuan, including 2.78 million yuan from Yanlida. With the growing oppression of salt merchants in the Tang Dynasty, the Huang Chao Uprising was directly triggered.

Baidu Encyclopedia-Tang Dynasty