In April 2020, at the lowest point of silver prices, I gifted my macroeconomics mentor a one-kilogram silver teapot.
Almost 6 years later, the increase is 6.66 times. In the 28th year of Hongwu, one tael of silver was equivalent to 190 kilograms of rice, 50 grams of silver was 1080, and 5.7 pieces of rice also weighed 190 kilograms😂
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In April 2020, at the lowest point of silver prices, I gifted my macroeconomics mentor a one-kilogram silver teapot.
Almost 6 years later, the increase is 6.66 times.
In the 28th year of Hongwu, one tael of silver was equivalent to 190 kilograms of rice, 50 grams of silver was 1080, and 5.7 pieces of rice also weighed 190 kilograms😂