The Regent's Burden in the Ming Dynasty Chapter 367

Of course, Alexander Zhu's ultimate goal was to achieve the monetary hegemony of Ming paper money worldwide.

In other words - the only currency in the world that can be circulated and used by all countries is the Ming Baochao!

You know, the trade between the two countries is still at the extremely backward barter stage. Even if they trade in silver, they actually value the commodity properties of silver.

rather than its monetary properties.

When two countries trade, both sides often take out goods of similar value and exchange them with each other.