💵 talks What scared Japan from making coin money for 500 years: kzitem.info/news/bejne/jqFm1n-ZkIKlomk Edo's Poop Economy: kzitem.info/news/bejne/kaqPx4x4pJuiamU Please consider supporting the channel =) 🔸 PATREON (blog, art): www.patreon.com/Linfamy 🔸 MEMBERSHIP: kzitem.infojoin 🔸 MERCH: linfamy.creator-spring.com (shirts, stickers, phone cases, and more!) 🔸 DONATE: www.paypal.me/Linfamy
@pyeitme508
2 жыл бұрын
MONEY 💸💰 & made in China 😂
@greekyogurt9997
2 жыл бұрын
I'm awake now
@joshuahuertas7962
2 жыл бұрын
looking purely through an art lense, I think the illustration is getting better. There is more articulation on clothe fabric, streaks of "shine" to suggest light interacting with texture. If you can continue to add a dab of realism to objects, (their texture and light,) while keeping the priceless facial expressions and style of the character--> that makes for a good recipe. ->10/10 information would recommend vid.
@Soccer_lover986
2 жыл бұрын
Japan: *trying to not use coins for as long as possible* Chinese coins: *hello there-*
@pyeitme508
2 жыл бұрын
Lol
@Bloodlyshiva
2 жыл бұрын
They weren't trying not to. They tried their own and that didn't work out.
@amysargent4237
2 жыл бұрын
Chinese coins: Hello There! Japan: GENERAL KENOBI!!!
@aristtara006
2 жыл бұрын
Dad: Our country is invaded by Chinese goods. It began 10 years ago son, it was literally everywhere. Me: More like 1000 years
@harukrentz435
2 жыл бұрын
Lol if youre east asia or southeast asia good chance youd been invaded by chinese goods and teachings for millenial. 😂
@barbiebarbie1813
2 жыл бұрын
In ancient Japan. The long -term use of Chinese coins. And the official language is Chinese language and Chinese characters. Their royal family and nobles are Chinese or descendants. They claim to be Chinese (Han people 漢人). A large number of Chinese scholars and technicians in ancient times went to Japan (korea and vietnam). Chinese characters and Chinese architecture appeared in Japan. Establish a Chinese local regime in Japan. Like other Chinese cities, they regularly send goods to the Chinese emperor every year.
@gwammeh
2 жыл бұрын
“It’s hard to care about something you know nothing about.” We call that “politics” nowadays I think
@andrewlentner
2 жыл бұрын
Still could apply to economics today honestly
@MrKIMBO345
2 жыл бұрын
This is interesting about the economic history of Japan. Plus, the idea of trade based on foreign currency is old than I thought.
@peterlee9691
2 жыл бұрын
4:52 I have a small bowl that I keep my spare coins in, but that big jar of coins is totally insane.
@pyeitme508
2 жыл бұрын
Money 🤑💰 plus good to know made in China stuff was as old as time 😂
@mistmanjones3555
2 жыл бұрын
Irate Japanese Noble: why should this man of low birth be Minister of Economics? Me who took Entrepreneurship l in high school: *meditates* Me: sellers want high prices and buyers want low prices Japanese noble: nevermind my lord, never before have I seen such wisdom!
@alex_zetsu
2 жыл бұрын
Later in the 1800s, the Tokugawa Shogunate government legally mandated the value of their coinage in a way that gold was worth 10X that of silver, when on the world market it was 15 times as much. This went about as well as you'd expect. You know how a lot of RPGs have gold, silver, and copper coins and they are each 10 times more valuable than the lower coin? A lot of people who came up with the idea in their worldbuing probably thought "I heard it from somewhere, but I don't remember it" or "I remember it from work X" and if you trace it back far enough, it probably originated from someone who read about the time Tokugawa Japan tried to legally declare gold to be worth 10X the same weight as silver. To be fair, the Tokugawa system worked a lot better than the Nara coinage, it wasn't the whole system being flawed from the start but just a system that was working until one policy that resulted in a lot of wealth being sucked out of the country and some economic chaos.
@SentMyOwnWay
2 жыл бұрын
I love any information on currency! I learned about commodity currency on this channel. Fascinating stuff.
@kimarous
2 жыл бұрын
4:55 Wouldn't be surprised if these were the inspiration of Mario's blue coins.
@dolphin550
2 жыл бұрын
"...They [the Song Dynasty] were making 6 billion coins a year, yet they couldn't afford a barber for their kids." *MAJOR DAMAGE APPLIED*
@timezone6610
2 жыл бұрын
commoners don't have that much money. and plus safeing money to eat is a was better Investment then geing a hair cut.
@@timezone6610 More to do with religious and social norms in China, cutting ones hair was considered an offense to ancestors and as such barbaric.
@dolphin550
2 жыл бұрын
@@巫轟 I guess it's like cutting away your heritage or family lineage in a way?
@ZealPropht
2 жыл бұрын
I laughed from your side quips so much that I almost choked three times on my lunch. I love your videos! Thanks for these!
@YochevedDesigns
2 жыл бұрын
This is why even today, antique Chinese and Japanese coins are basically worthless. You can have them in private collections as a curiosity, but there are just so darn many of them out there that historians have no use for the surplus.
@jasonheigl1962
2 жыл бұрын
Thank you so much! One of my economic papers I'm writing has a section on this event. This has given me some vital information.
@that_dam_baka
2 жыл бұрын
Like the fact the barbers were expensive back in the day?
@BathersonMote
2 жыл бұрын
Using cloth and rice as payment is an interesting idea. You could actually buy something and have it cost you the shirt off your back. I wonder if there was a country that took your limbs as payment and charge an arm and a leg. Maybe Canada.
@harukrentz435
2 жыл бұрын
Or Australia. Sh*t is expensive down there!
@tomlu6820
2 жыл бұрын
The Chinese tried to stop export of coins as it was causing deflation back home, but they also could not enforce it
@Lucious410
2 жыл бұрын
Nobles are always a problem. Thanks for the video. Today has been crazy and your videos are always awesome.
@bobbieboeve6631
2 жыл бұрын
Thanks for the videos. I really enjoy your spin on history. My favorites of your videos are the ones dealing with folklore and legend, but I do find these interesting and fun to watch as well.
@lindsaystevens4062
2 жыл бұрын
I like the pokemon reference used - Venomoth defeats a trade item for lols Also, I like this video
@eln5343
2 жыл бұрын
When this humble hanashika Graced a ride along The kamakura samurai Along came this song When lord Minamoto Faced a steppe land devil His cavalry of mongols Their hooves did revel When the khan's ships sailed To have Tsushima pinned So cried kami Fujin: "Have fun with this wind!" Toss a coin to your neighbour Oh, dynasty of plenty Oh, dynasty of plenty, oh Toss a coin to your neighbour Kamikaze blew your pest So give Japan a rest She's a friend of the Han So cough up some yuan That's my epic tale The samurai prevail Now re-open the coin trail
@Ozzymandius1
2 жыл бұрын
You didn’t have to destroy an entire dynasty with that haircut insult.
@mathieuleader8601
2 жыл бұрын
its amazing how long Japan kept China's currency
@harukrentz435
2 жыл бұрын
They still keep china's language even today.
@francisnopantses1108
2 жыл бұрын
The sovereignty thing is kind of hilarious if you consider US history. When the revolution happened, the coin of the realm was, well, anything, but mostly Mexican pesos. The continental army did issue paper script, but that was worth the money it was printed on. The US didn't even attempt to mint coins until 1793 and only haltingly. Really for decades everyone was quite happy to use silver Mexican pesos. By the late 19th century bills and coins as we know them were being minted and circulated, and under FDR the government demanded that citizens turn over gold coins, which was the first step towards transitioning to fiat currency.
@goneutt
2 жыл бұрын
China was able to mint the coins in a manner that sounds like mass production. The government taxed and bought in coin. But they’d make so many coins the goods suffered inflation. It was profitable to take goods bought in Japanese markets to China. Thus, a steady supply of coins, which became a trade good in Japan.
@banty8910
2 жыл бұрын
“Punish me more daddy” lol
@BeastOrGod
2 жыл бұрын
The best part of the chinese coins is that they were flowing in by demand and not made and hoarded by nobles, who just made them like bitcoin.
@kyisin7457
2 жыл бұрын
Then in 1600s, these Chinese coins flew back to Southeast Asia where copper is in demand to make cannons and guns, especially Nguyen Vietnam.
@hackarma2072
2 жыл бұрын
Appart from depriving Japan of gold, what did leaving the coins production to China cost to Japan ?
@republicofpink3402
2 жыл бұрын
really intesting subject
@akechijubeimitsuhide
2 жыл бұрын
Ieyasu really had to fix so many things XD
@HisameArtwork
2 жыл бұрын
so funny. centuries later $ and euro are preferred over local currencies, and it's now a source of power because it's paper.
@you2angel1
2 жыл бұрын
Yea! I need one of these videos my Maneki-neko cat of 15 years just passed away this last Wednesday. I miss her so, thank you °~•.♡.•~°
@Linfamy
2 жыл бұрын
Aw, so sorry that happened. Hang in there!
@adelaide8037
2 жыл бұрын
I’ve been there, and it’s not easy (T-T) Hang in there and don’t let anyone make you feel bad for mourning as long as you need to! I know folks can be like “it’s just a cat”, but they’re really precious, so take all the time you need. If you believe in any form of afterlife, I’m sure she’ll be watching over you until you can meet again in the future.
@you2angel1
2 жыл бұрын
*^_^* Thank you both for your kind words it's hard some warnings but I know that she's still with us. She wouldn't leave her cute little Gray kitten behind °~•.♡.•~° Even though it's not her she's been very protective of our adopted stray. Thank you both SO MUCH! °~•.💖.•~°
@michaelkrinsky3582
2 жыл бұрын
Cats leave paw prints on our hearts!
@Libbathegreat
Жыл бұрын
@ 3:31 I thought for second you said they exiled the chief of police and "ate other officials" and I was like, "whoa, that _is_ serious" 😂
@WildBillCox13
2 жыл бұрын
"And still couldn't afford . . ." Hehehe. Lucky we have your channel. ;-)
@xlbInSane
2 жыл бұрын
I like coins
@Mikeztarp
2 жыл бұрын
It was a coinvasion!
@NightmareVixen12art
2 жыл бұрын
I'm trying not to laugh. I was taking a picture of my fortune from the fortune cookie I just got and "here's a bowl of chicken fried rice" was said as I moved my camera from my bowl of chicken fried rice
@NightmareVixen12art
2 жыл бұрын
Fyi: this is literally my first time watching this video so it was completely unplanned
@edi9892
2 жыл бұрын
Archeologists have even found ancient Roman coins in Japan...
@edi9892
2 жыл бұрын
@Joe Becker I don't know. All I know is that it has been speculated that Rome had traded them with the Middle East for Silk and thus, the coins found their way to China, and the rest is pretty obvious...
@insertnamehere001
2 жыл бұрын
And there's a tomb of Jesus in Aomori. What if...
@edi9892
2 жыл бұрын
@@insertnamehere001 NANI???
@insertnamehere001
2 жыл бұрын
@@edi9892 yeah, it's true, you can search it. The story goes that Jesus went to Japan and Jesus's Japanese brother took his place on the cross, as I recall it. Of course, nobody has dug up the tomb to see if Jesus's body is actually there but when I heard the news of the Roman coins being found in Japan I found it a funny coincidence.
@sal6435
2 жыл бұрын
Cool
@Linfamy
2 жыл бұрын
No u r
@JayGoodTarot
2 жыл бұрын
Insightful 👊🏾
@Jobe-13
2 жыл бұрын
Money is the physical form of power.
@mathieuleader8601
2 жыл бұрын
wow its really interesting how the commoners got their agency
@OublietteTight
9 ай бұрын
"Punish me more daddy." LMFAO delivered so dryly. Bravo! Worthy of Abbott. 😂 🎉
@mehrishsaleem7884
2 жыл бұрын
I always wonder how they make these hats and how the be so intact?
@jont2576
2 жыл бұрын
I dunno about u but back in the ancient times most people were poor,and things like rice,sugar or flour were valuable staple goods and could be almost universally seen as currency. After all the government collected taxes if not what else but in sacks of rice.
@jeanfalconer6377
2 жыл бұрын
6 million coins. A year. Wow. That counts as mass production right?
@Linfamy
2 жыл бұрын
Ya I'd call that a mass
@12235117657598502586
2 жыл бұрын
‘Shlobonaga’! 🤣🤣🤣🤣🤣🤣👍
@melodyparra2960
2 жыл бұрын
Japan was flooded with coins like Scrooge McDuck’s vault of coins practically an ocean you can dive deep into the sea of coins and you might find a golden fish
@annikahoffmann5220
2 жыл бұрын
A nice Video for a Lunch break and shareing my chocolate treasure wit my sister.
@patrickjeffers7864
2 жыл бұрын
**one day we'll get that kemmu restoration...one day**
@ironwolf5802
2 жыл бұрын
Bet the comminer who was being yelled at one ween because he was poor and then next week had that noble begging for money made him really happy.
@LizardSpork
2 жыл бұрын
One benefit of using rice as currency is that it's easier to make it rain....
@shixiongzhi
2 жыл бұрын
just like many country use USD as money
@canis2020
2 жыл бұрын
Kami are pleased. This pleases KZitem
@gideonmele1556
2 жыл бұрын
Comments: *made in China is older than people think jokes The difference is old Chinese goods were rather high quality and lasted. Today? Ehhhhhhhh…
@comediangj4955
2 жыл бұрын
Huawei phones last much longer than Samsung or apple
@halfbakedblake
2 жыл бұрын
Better than coffee in the morning, it's new linfamy.
@rebeccagreenwood529
2 жыл бұрын
I know about the Song Dynasty because of Monday story time! Justice for Crap Bucket Guy!
@Linfamy
2 жыл бұрын
😂
@joshjanion3665
2 жыл бұрын
I like money 🤑
@Linfamy
2 жыл бұрын
What a coincidence, me too!
@joshjanion3665
2 жыл бұрын
@@Linfamy carry on the good work, I always look forward to your videos
@LupinLovebites
2 жыл бұрын
Joe Schmobunaga. I think I've heard you use this before and every time I just DIE. 🤣
@Linfamy
2 жыл бұрын
😂
@stevengreen9536
2 жыл бұрын
Imperial court: The next item on the agenda is how to get more pointy hats. Imperial official: I OBJECT!!! Their are much more important matters to consider. Like how to get me a hot chinese cosplay girlfriend. Imperial court: For the last time Ryu this is one of the highest branches of government. Not a dating service. Bring this up once more and we will banish you to China. Imperial official: If you wanted to discourage me that was the wrong answer.
@keselekbakiak
2 жыл бұрын
So basically the value of these chinese coin was backed by the price of gold and copper.
@MrArthoz
2 жыл бұрын
I see, so the issue was problem with the value of currency exchange only in Japan issue, the perceive value of precious metal versus product which is copper coins. I guess it's similar issue how China of today with Taiwan microchips and EU with Russian oil/gas.
@tamago7415
2 жыл бұрын
Egg
@briane6957
2 жыл бұрын
How goes your scheme to do the same to Japan but with crypto, Linfamy?
@Linfamy
2 жыл бұрын
LinfamyCoin is doing pretty well, I just need some way to tank the Yen and then we're golden.
@Lonpone
2 жыл бұрын
I hit the like button. No regrets.
@ptonpc
2 жыл бұрын
Yay to coins! (For the algorithm)
@exploshaun
6 ай бұрын
Ancient Japan just can't stop stealing Chinese stuff
@badujoyo6133
2 жыл бұрын
money can't buy happiness... ellon musk : "but with that I can fly to the moon 😎😎😎😎😁😤"
@davidsavage6324
2 жыл бұрын
Proemic prose playfully edifying the humblest of words in the snazziest turn of phrase.
@pharaohsmagician8329
2 жыл бұрын
Money can definitely buy happiness and it always has. And it probably makes a difference in the Afterlife too. Imagine how happy it would make a person to be so rich and able to live comfortably in this hard medieval life, that he has an Entire Huge Pot full of Money. Many Pots. So many that he buries them. Imagine how happy it would make anyone to know that hundreds upon hundreds of years later, your money is still buried in that pot, deep beneath the Earth's dirt, and the metal has turned a Magical Blue color, and people of the future who know nothing of what it was like to live in your Era get to hold and touch that ancient blue money. I think that's a very charming thought, and would make the dead owner very happy. What is a Man without his tools? Money probably exists in the afterlife just like tools and weapon and food and meat and hunting do. And rent lol
@jadearrieta5409
Жыл бұрын
0:44 Specially if your name is Kanao Tsuyuri
@hyun-shik7327
Жыл бұрын
Maybe don't make it illegal to have money.
@reddytoplay9188
Жыл бұрын
Japanese coins reminds me of crypto
@sea_shxre
2 жыл бұрын
wow
@johnmccrossan9376
2 жыл бұрын
4th
@nobunagascat4139
2 жыл бұрын
1:50 i think it will be interesting to see a video about all japanese hats and it's history
@GGG-xx8lf
2 жыл бұрын
I think it was silver, not gold that Japan has load of.
@dirckthedork-knight1201
2 жыл бұрын
Money makes the world go around
@BruceWaynesaysLandBack
2 жыл бұрын
Money is power
@mr.seaweed5502
2 жыл бұрын
Hi Linfamy can you make a video about the head inside a wheel yokai.
@Linfamy
2 жыл бұрын
If you ask nicely
@mr.seaweed5502
2 жыл бұрын
@@Linfamy But I did.
@Linfamy
2 жыл бұрын
@@mr.seaweed5502 hmm 🤔
@mr.seaweed5502
2 жыл бұрын
@@Linfamy Ok found the yokai's name it's name is the wanyudo
@ceresbane
2 жыл бұрын
Why does Japanese history read like Japan has never actually had many competent leaders? I mean you got Oda and his 2 successors who succeeded in uniting Japan. But all they achieved was consolidate their power by weakening their nation to the more modern black ships because a certain Korean Admiral kicked their ass. And then they were made to rapidly modernise during the Meiji but didn't mature enough as a nation to handle all these new ideas and tech to be diplomatic (the isolation didn't help).
@harukrentz435
2 жыл бұрын
The isolation policy was taken by Tokugawa due to destructive nature of Imjin War initiated by Hideyoshi. You can say whatever you want about the isolation policy but it led to peace and prosperity enjoyed by Japanese for more than 200 years.
@MixerRenegade95
Жыл бұрын
@@harukrentz435 And the relative 80 years of turmoil that came after that isolation ended.
@sugasnoop5351
2 жыл бұрын
how to deal with this damn Chinese coins is a question we are still asking to this day
@Alasterius41
2 жыл бұрын
😂😂🤣🤣
@M138.
2 жыл бұрын
Morning
@Linfamy
2 жыл бұрын
Good morning
@commentnahipadhaikar2339
2 жыл бұрын
Morning..... Here is Afternoon
@M138.
2 жыл бұрын
@@commentnahipadhaikar2339 in that case a good afternoon to the crew overseas
@christopherenlog3626
2 жыл бұрын
Good evening its 7:48 where I'm at
@usvidragonslayer3091
2 жыл бұрын
Very interesting
@luislozano6073
2 жыл бұрын
I want to give you mi Yen, but I don't have a card that the lords of patreon would accept, maybe someday I don't live on a shitty scholarship
@unclenogbad1509
2 жыл бұрын
'A big hit' - like it!
@ariohandoyo5973
2 жыл бұрын
Money money actually reminds me of Stingy krab that like money so so much probably Japanese people can creat mr. Krab that live in japan.😂
@TSBoncompte
2 жыл бұрын
do i detect a hint of bill wurtz ?
@jeffwolcott7815
2 жыл бұрын
What's the joke with 'Rowena Millicent?'
@Linfamy
2 жыл бұрын
Nothing. That's just a patron from patreon lol
@jeffwolcott7815
2 жыл бұрын
@@Linfamy Oh.
@Big_E_Soul_Fragment
2 жыл бұрын
0:11 Time travelling Japanese: *furiously takes notes*
@YingofDarkness
2 жыл бұрын
The whole "invaded by China but now we are going to trade with china anyway" part reminds me of our current issues with Russia and their natural gas and oil. Even as we help Ukraine, we are still funding Russia by buying their oil and natural gas. Humans will human unfortunately
@sovietlamar1294
2 жыл бұрын
YEE T
@Linfamy
2 жыл бұрын
MONEET
@pyeitme508
2 жыл бұрын
@@Linfamy lol 🤣
@theawesomeman9821
2 жыл бұрын
My question is why China would bother investing in Japan back in the medieval period? Don't recall Japan exporting anything the Chinese would want back then.
@barbiebarbie1813
2 жыл бұрын
In ancient Japan. The long -term use of Chinese coins. And the official language is Chinese language and Chinese characters. Their royal family and nobles are Chinese or descendants. They claim to be Chinese (Han people 漢人). Chinese currency is used by the royal family and nobles (can be used in all cities in China). The civilians in Japan do not have no coin circulation. A large number of Chinese scholars and technicians in ancient times went to Japan (korea and vietnam). Chinese characters and Chinese architecture appeared in Japan. Establish a Chinese local regime in Japan. Like other Chinese cities, they regularly send goods to the Chinese emperor every year.
@Salem_Rabbit
2 жыл бұрын
Venomoth spotted.
@thesage7217
2 жыл бұрын
Pin meh
@KinLee919
2 жыл бұрын
Wait, it's song dynasty, so we chinese already have paper bill but japan was still using rice and cloth?
@utiyamohmmad5721
2 жыл бұрын
What is problem in using rice and cloth? In india paper came here with muslims. But we continued to write on brich bark manuscripts or Cotton cloth and India was far advanced than contemporary china
@jkc3738
2 жыл бұрын
@@utiyamohmmad5721According to the records of Arab merchant in the 8th century....India is far behind China in terms of living standards and technology
@utiyamohmmad5721
2 жыл бұрын
@@jkc3738 according to records of Chinese traveller during 5th century, ancient India was rich and prosper. Indian economy was largest in world. India dominated the world trade , during Mughal india, some province of india like Bengal , Mysore had highest Living standards in world their gdp per capita was 2000$. Foreign travellers visited South Indian Vijaynagar city and said it was richest and most beautiful in world. Xuanzang (main person in journey to the west novel) travelled to india in 7th century for studying indian philosophy in Nalanda and mentioned india was rich , people were happy , big cities, big stupas and temples.
@jkc3738
2 жыл бұрын
@@utiyamohmmad5721 China is a unified powerful dynasty most of the time....Indian peninsula is mostly divided small kingdoms all through its history...China has a complete historical record of taxation and population....Indian peninsula doesn't even have official written history .How do you judge India is rich? The description of the Chinese monk is just a respect for the place of Buddhism..ancient Chinese bureaucracy and science&technology are the most advanced in the world....India is only known for its religious culture ...maybe some spices...talking about living stardards..come on....No one will bet on Indians
@utiyamohmmad5721
2 жыл бұрын
@@jkc3738 you know nothing doesn't means india was not great in science technology and living standards. First of all, india had largest economy in most of history , you can check data of Angus Meddison. Around 1AD indian economy was 1/3rd of world. India was one of largest exporter of goods in ancient times check records of Romans about indo roman trade. India was way more advanced than china in mathematics , metallurgy , astronomy , medicine (plastic surgery , cataract surgery etc) , Logic and philosophy , Linguistics, arts and architecture etc. Those Chinese wooden structures are piece of sh*t in front of white marble Taj Mahal , Granite temples , Rock cut temples , intrinsically curved temples , giant forts on hills , many architecture styles.
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