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<p>[QUOTE=&quot;gxseries, post: 3649122, member: 4373&quot;]I think the more you research about Japanese coinage, the more you&#039;ll find out how the Western world abused their power and squeezed everything they could. In 1500s, Japan was mining about 30% (!) Of world&#039;s silver and had significant gold deposit. Obviously Japan doesn&#039;t do such large scale mining due to environmental restrictions. </p><p><br /></p><p>When the Western countries forced Japan to open its doors for trade, large amount of gold were removed as the gold to silver ratio was a lot smaller compared to other countries at that time. Hence Japan was forced to react by reducing gold content and overhaul its currency.</p><p><br /></p><p>So much for the &#039;fair trade&#039; back in those days.[/QUOTE]</p><p><br /></p>

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