Wang Xijue (王錫爵) was a Ming Dynasty court official in China. In a 1593 report to the emperor he wrote: The venerable elders of my home district explain that the reason grain is cheap despite poor harvests in recent years is due entirely to the scarcity of silver coin. The national government requires silver for taxes but disburses little silver in its expenditures.
This page contains content from the copyrighted Wikipedia article "Wang Xijue"; that content is used under the GNU Free Documentation License (GFDL). You may redistribute it, verbatim or modified, providing that you comply with the terms of the GFDL.