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For anyone else who is unfamiliar with old Chinese measurement systems, Wikipedia specifies the catty at around 600g. This means that the family received about
by AussieWog93 5y ago
For anyone else who is unfamiliar with old Chinese measurement systems, Wikipedia specifies the catty at around 600g.
This means that the family received about 60kg of gold, or around US$3.6m at today's spot prices - a handsome reward for their valuable formula.
Even in the ancient proverbs, capitalism is the optimal way to allocate resources, and this efficient allocation benefits all. Someone should let Xi know about this. ;)
- vimacs2 5y agoYes, very efficient. Meanwhile nearly all of the peasantry subsisted on rice and suffered from malnutrition and frequent birth defects. Also, this has nothing to do with capitalism. It's just exchange of money which had existed long before that system first developed in the city states of Italy.
- AussieWog93 5y agoGottem