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May 13, 2023
Wu Zhu (Chinese: 五銖) is a type of Chinese cash coin produced from the Han dynasty in 118 BC when they replaced the earlier San Zhu (三銖; "Three Zhu") cash coins, which had replaced the Ban Liang (半兩) cash coins a year prior until they themselves were replaced by the Kaiyuan Tongbao (開元通寳) cash coins of the Tang dynasty in 621 AD. The name Wu Zhu literally means "five zhu" which is a measuring unit officially weighing about 4 grams however in reality the weights and sizes of Wu Zhu cash coins varied over the years. During the Han dynasty, a very large quantity of Wu Zhu coins were cast but their production continued under subsequent dynasties until the Sui.
The production of Wu Zhu cash coins was briefly suspended by Wang Mang during the Xin Dynasty but after the re-establishment of the Han Dynasty, the production of Wu Zhu cash coins resumed and continued to be manufactured long after the fall of the Eastern Han Dynasty for another 500 years. Minting was definitively ended in 618 with the establishment of the Tang dynasty. Wu Zhu cash coins were cast from 118 BC to 618 AD having a span of 736 years, which is the longest for any coin in human history.
TANG DYNASTY
The coinage of the Southern Tang dynasty (Traditional Chinese: 南唐貨幣) consisted mostly of bronze cash coins while the coinages of previous dynasties still circulated in the Southern Tang most of the cash coins issued during this period were cast in relation to these being valued as a multiple of them.
May 5, 2023
The US military has been struggling with recruitment efforts in recent years. Only 13% of 18 to 29-year-olds are “highly willing” to enlist. Prioritizing the woke agenda has alienated the once-core conservative, traditional members. The current Commander in Chief is not patriotic and does not inspire young men to join the military. We abandoned operations […]
April 18, 2023
Chinese President Xi Jinping announced that he is preparing for war. The military budget will grow by about 7.2% this year after it has already doubled over the past decade. This is not a sudden decision. China has been quietly positioning itself for quite some time and has taken notes over Russia’s missteps with Ukraine. […]
April 12, 2023
PRIVATE BLOG – China Dumping Dollars Preparing for War Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
March 30, 2023
Neither this speech nor Joe has aged well. On June 20, 1997, Joe Biden laughed at Russia’s threat to form an alliance with China if NATO were to expand into Eastern Europe. Joe told a Russian advisor to try Iran if China turned them away. Now in 2023, Russia has formed an alliance with both […]
March 30, 2023
China’s zero COVID policy isolated the nation for nearly three years and caused businesses to flee. One of the steepest losses occurred when Apple halted the production of the iPhone 14 in China. If you recall, Foxconn, once the largest iPhone producer in the world, underwent a lengthy lockdown in November 2022. In response, Apple […]
March 27, 2023
China accomplished a once unthinkable feat — a peace treaty between Iran and Saudi Arabia. The two countries have been sworn enemies since the beginning of time, representing conflicting Shiite and Sunni Muslim groups that have been battling since their religion was founded. The two nations have been fighting a proxy war in Yemen that […]
March 26, 2023
QUESTION: China’s claimed territory??? So China can claim the entire Pacific as their territory and that means we can’t enter the Pacific??? DF ANSWER: Whatever China claims is really irrelevant. Up until recently, we did not push the limits and China did not expand its claims. We all agreed to disagree but took no action. […]
March 16, 2023
PRIVATE BLOG – The Fed, QE & China Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/