Monday, February 16, 2015

dreaming of money


In this book, Truitt talks about the money have the huge value of economic, and Vietnam’s people influenced by the economics, politics, culture, and the policy in government. The author mentions that in Song dynasty, Chinese use coins as the exchange bill. Actually, before Song dynasty, in Shang dynasty, China already has the coins made by cooper. Before Shang dynasty, we use shell as bill exchange; we call it “Bei bi”. (it's sounds like 'baby') In the modern society, the coins are mostly made from silver.

In Vietnam, they said they follow Uncle Ho’s lead, and put the face of him on the money. In China, we put chairman Mao’s face on the money 1, 10, 20, 50, and 100 yuan. But in the back, we got different beautiful views in China.We put the great leader's face on the money to encourage people to move forward. After read these chapter about Vietnam's economic, it's really make me think about China's economic system and recently the exchange rate have increase in China,it means China's economic is not doing very well recently.  

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