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“The Qing dynasty’s system was extremely rigid. The Green Standard Army hadn’t had a pay raise for over 100 years; they still received a monthly wage of 1 tael of silver set during the early Qing, when Dorgon entered the pass, which was simply not enough to live on.”
Silver actually depreciated as well, but the depreciation rate was really very slow. The approximate mining output increased, and silver was produced in the Americas.
Over 100 years without a pay raise—unimaginable in the fiat currency era.