Lu Rao released a table, which was also derived from various verifiable historical materials.

The above information pertains to the financial situation of various regions in the years surrounding the Song-Xia War.

You can see that there is no shortage of money on Northwest Road, and there is even a surplus, but there is a shortage of money on Southeast Road.

At this time, the Song Dynasty was still engaged in the Song-Xia War.

Therefore, Lu Rao could also conclude that the Song-Xia War indirectly accelerated the Song Dynasty's money shortage.

Some people analyze that the copper coins flowed out to neighboring countries such as the Western Xia or Liao Dynasty, or that some people hoarded large quantities of copper coins, but most people believe that these coins went into military spending.

Another issue is that the Song Dynasty's inappropriate monetary policy led to uneven distribution of currency.

Lu Rao delved into these three arguments, namely the whereabouts of the copper coins: one was military expenditure, another was the storage of copper coins, and the third was their outflow to Western Xia.

After all, the Western Xia region had abundant iron ore but scarce copper resources.

If you delve deeper into the discussion, you'll find that it contains a great deal of economic principles.

Lu Rao also created a short animation: If you were a copper coin, how would you spend your life?

It first comes from a certain place, then reaches the soldiers, and then the soldiers send it home...

There are several paths in the 'life of a copper coin,' and each path can give rise to countless possibilities. It is not boring at all, and it is even quite interesting.

The officials below, watching the round copper coin cry or make a fuss, actually chuckled a little.

Money is lovely, isn't it?

Especially when you have money in your hands.

With alternating periods of relaxation and tension, Lu Rao maintained a consistent pace in his lectures, subtly drawing the audience into his rhythm and encouraging them to think along with him.

Even Zhu Qinggu was quite engrossed. When she saw the coin crying, she actually laughed out loud.

Even Bai Qin, who was standing next to her, had a rare smile on her face.

The comments on the screen were even more outrageous.

(Money has come to life!)

(What nonsense are you spouting above? This is clearly a money spirit!)

(May the God of Money bless me, grant me a prosperous and wealthy year! If all goes well, I will definitely offer you a big chicken leg!)

(May the God of Money protect you!)

Below that were also a bunch of people making wishes, all hoping for money to bless them.

Seeing all this excitement, it's hard for Chinese people not to join in.

Everything eventually gets turned into something mystical and associated with certain colors.

Zhu Qinggu glanced at the live stream and was both amused and exasperated by what he saw.

After this animation, whenever Lu Rao says something, the people below will say that Qian Xian has gone to XXX place again, which has become a famous meme.

After discussing currency, we must also mention another important aspect: trade.

Diplomacy with other countries involves many categories. It's not just a joke that a small change can have far-reaching consequences. Before, it was salt, tea, and currency; now it's trade.

It wasn't just the relationship between Western Xia and the Song Dynasty that affected trade; the relationship between Liao and Song also influenced trade. It's just that Lu Rao's focus now is on Song and Western Xia.

Amidst the trade changes resulting from the shifts in relations between the Song and Xia dynasties, one region benefited and even rose to prominence: Jiao Siluo.

Few people may know that this person belongs to the Qing Tang faction.

You should all know about Tibet by now.

Qingtang was the capital of the Tibetan regime he established. Qingtang was the political, economic, cultural and religious center of the Tibetans in this region. This regime was also known as the Jiaosiluo regime, and historically it was called the Later Tibetan Kingdom or the Qingtang Tibetan Kingdom.

The existence of Qingtang had some influence on the Song Dynasty's foreign policy, but its influence was certainly not as great as that of the Liao and Western Xia dynasties.

During the reign of Emperor Huizong, the Song army advanced into Qinghai, and the Qinghai regime collapsed.

The first war to destroy Qing Tang occurred during the reign of Emperor Zhezong of Song.

Emperor Zhezong is rarely mentioned because he was very cautious and prudent. At that time, the Song-Xia war had not completely ended. Emperor Zhezong risked being caught in a two-front war to destroy Qing Tang because Qing Tang was in internal strife and its geographical location was very important, being close to Western Xia. Sending troops to Qing Tang could consolidate the border defense and reduce the threat.

Therefore, it is evident that Jiao Silu was able to profit during the Song-Xia War, which makes him quite a remarkable person.

Lu Rao mentioned something off-topic, which wasn't even in the materials, but the people taking notes still wrote it down next to it.

Their attention is mostly focused on Liaoxia, and they know very little about the situation in Qingtang. So they naturally need to observe it carefully now.

"Trade between the Song Dynasty and the Western Xia Dynasty began as mutual trade. After Li Jiqian rebelled against the Song Dynasty, some changes occurred, namely the increase in tribute trade and border market trade. Furthermore, with the economic activity of the Song Dynasty, smuggling by the people in the region gradually increased."

"As we mentioned earlier, the Song Dynasty's trade with Western Xia and Xia Prefecture was mostly conducted in a way that left them economically trapped. They also turned their attention to the neighboring Tibet and joined forces with Tibet to sanction Western Xia and Xia Prefecture, which was also a policy."

Upon hearing Lu Rao's words, Zhu Qinggu immediately thought of a certain ugly country.

We really have a long history, so we know all the tricks that the Ugly country plays, and we can even come up with new ones.

Some of the people under the sky had been to Qing Tang, or lived on the border between Song and Qing, and they also spoke in the barrage.

They were certainly more willing to admit that they were Song people, Chinese, and therefore they did not hold back their words on the sky.

Those under the sky were also gradually gleaning descriptions of Qing Tang from the comments section. Officials who did not attend the lectures and the Tianmu Bureau established by the various emperors of the Song Dynasty had already recorded these contents.

So everyone discovered how to use the canopy.

It is used to quickly transmit information.

Some people use it to appeal for justice, some to report that they are safe, and now some are even using it to send messages.

Even if there are any problems here, it won't be as difficult to transmit information as before. You can just say it on the sky screen. However, you should note that the number of points is limited, and the number of times you can speak is also limited.

Therefore, some people always save it for one last time and never use it all up at the end.

……

Trade between the Song and Xia dynasties was related to the relationship between them, but such sudden changes and subsequent calm caused enormous losses.

However, such losses were bearable for the Song Dynasty, but not for the Western Xia. Therefore, the Western Xia could only try to ease relations with the Song Dynasty time and time again, which may have sown the seeds for a greater desire to invade.

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