There is no reason to ban private companies from minting gold and silver coins to compete with the dollar.

没有理由禁止私人企业将黄金和白银铸造成币来与美元进行竞争。

youdao

This is the necessary premise in researching the phenomenon that although it was banned by the officials, private copper cash minting was not stopped for a long period.

这是研究这一时期官方屡禁不止的铜钱私铸、剪凿现象的一个必要前提。

youdao

But history shows that minting developed not as a private-sector attempt to minimise the costs of trading, but as a government operation.

ECONOMIST: Free exchange