The Meiji Restoration: How Japan Modernized Overnight — Fexingo History
In this episode, Lucas and Luna explore how Meiji Japan transitioned from a chaotic mix of feudal domain paper, gold, and rice-based currency to a unified national paper money system. They dive into the creation of the yen in 1871, the establishment of the Bank of Japan in 1882, and the role of key figures like Ōkuma Shigenobu and Masayoshi Matsukata. The conversation covers early counterfeiting crises, the use of German printing technology, and the social impact of a cash economy. Listeners will learn about the 1877 Satsuma Rebellion's inflationary effects, the Matsukata Deflation, and how trust in paper money became a cornerstone of Japan's modernization. #MeijiRestoration #BankOfJapan #Yen #PaperMoney #Counterfeiting #MatsukataDeflation #SatsumaRebellion #ŌkumaShigenobu #MatsukataMasayoshi #JapanHistory #EconomicHistory #Banknotes #GermanTechnology #FukokuKyōhei #BunmeiKaika #Modernization #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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