Chapter 457 World Affairs

"The price of silk rises, how could those brocade merchants simply accept it? What if they band together to push the prices down?"

For Prince Jin's question, Wei Yuan had a well-formed plan, saying: "Silk is limited, whereas brocade can be limitless. There is only so much silk that land can produce, which is a calculable amount. The production of Ice Silk is even less.

But as for brocade, as long as one is willing to spend silver to train craftsmen, there can be as much as wanted. With an abundance of brocade, brocade merchants will increase, they won't be united at heart, but will instead try every means to inflate the price of silk. Thus, as long as we control the silk supply, we can freely raise the price, continuously, until all brocade merchants are no longer profitable."