An Analysis Of The Reason Why Silver Expensive In The Middle And Late Period Of The Qing Dynasty

Over the past five centuries,silver as a precious metal has played a very important role in human social and economic life.Since the implementation of a whip in the Ming Dynasty,the monetization of silver has promoted the development of China's commodity economy and also promoted international trade worldwide.The development of the capital has promoted the establishment and development of the capitalist world.It has also accelerated the circulation of capital on a global scale and has played a role in connecting the world.The middle and late Qing Dynasty,which was in the critical period of China's recent modernization transition,was also caught up in the wave of economic globalization.In the course of the gradual establishment of the gold and silver standard in the world,the Qing Dynasty still implements a currency system with parallel money and silver,and silver occupies an important position in social life.In the first half of the 19 th century,when the independence movement of the American people came into being,as the exploitation of silver in the world's major silver producing areas was affected,the silver production declined sharply;at the same time,the price of silver money in the Eastern World fluctuated violently and presented a phenomenon of silver and precious money.Using time-series analysis,we tested empirical evidence that the decline in world silver production was positively related to the volatility of silver and silver prices during the Jiadao era of the Qing Dynasty,and that the world's silver production was a silver-money comparison.The fluctuating Granger cause.This further validated the reasons for the phenomenon of silver and precious money caused by the global historical perspective during the Jiadao era of the Qing Dynasty.As a result of the Latin American independence movement,the production of silver in the Americas was reduced,which led to a decline in world silver production,which increased the value of the Chinese Qing Dynasty silver across the ocean.In the absence of volatility in price and money prices,the exchange rate of money and money naturally rises,causing social and economic turmoil.The government's financial resources make ends meet,and the people's tax revenue increases.Overburdened farmers lift up the uprising.The mighty Taiping Heavenly Kingdom Movement threatened the Qing Government rule.The opium trade in foreign trade has crippled the mind and body of the people,and it has also made China's foreign trade from a surplus into a deficit,and it is in a weak position.While conducting economic exchanges with the Qing government,the United Kingdom found that the economy of the Qing Dynasty did not have self-regulatory functions and that the monetary mechanism was not fully completed.Moreover,the level of military equipment and science and technology was far inferior to that of European countries and the United States.As a result,the United Kingdom and the United States stepped up their intrusion and excuse them to provoke them.After the Opium War,they took the opportunity to further open China's national borders and began to seize their respective interests.The Qing government also became a semi-colonial and semi-feudal society after the Opium War,and lost its autonomy in the development of the social economy.Although late Qing Dynasty had taken measures to control the volatility of the silver and silver prices,they all ended in failure.This also tells us that a weak country has no diplomacy and can easily lose its autonomy in the process of foreign exchanges and trade.At the same time,it must also pay attention to the effects of monetary phenomena on the overall social and economic development.In order to achieve a smooth operation of the social economy,we must ensure the perfection of the monetary system and the accurate implementation of monetary policy so as to ensure that the currency sovereignty is not violated.Finally,as economic globalization continues to deepen,we must establish a global outlook on history.Small fluctuations in the world can affect any country at the end of globalization.Just like the butterfly effect,butterflies in the Amazon rain forest have been flapping their wings.It may cause panic waves on the Pan-Pacific.