Fu Tinghan said, "I came back today just to tell you that the people sent out to find iron ore couldn't find it, but they did find a copper mine."
"Instead of selling the copper, it's better to make coins directly. But are you going to make the same 'Five Coin Money' as the current court, or issue your own new currency?" He said, "I've understood from the people below that the currency market is quite chaotic; copper coins, grains, cloth, and gold and silver can all circulate as currency in the market."
"Gold and silver are the most stable, followed by copper coins, cloth, and grains; but after checking the accounts and visiting the market stalls and fairs, I've seen that it's rare to use gold and silver for transactions, even small transactions with copper coins are infrequent, while cloth is the most circulated, followed by copper coins, and there are quite a few transactions using grains."
"Regardless of whether it's cloth or grains, their values are very unstable."
