Beijing's Sewers Were Quietly Dissolving the Empire's Silver
Ming Dynasty China

Beijing's Sewers Were Quietly Dissolving the Empire's Silver

A city's ancient drainage system became the stage for the world's first monetary crisis—and nobody realized it for three centuries.

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Ming DynastyMonetary PolicyEnvironmental HistoryUrban Planning16th CenturyImperial ChinaEconomic CrisisMetallurgyBeijingCurrencyInfrastructureUnintended Consequences

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