"The more people selling salt, the lower the price will be!" Xie Sanbin, the Minister of Revenue of the Great Ming Dynasty, repeated these words to himself in a soft voice.
Although Xie Sanbin did not understand the theories regarding the relationship between supply, demand, and pricing, he understood one thing clearly: to lower the price of salt, the number of salt merchants had to be increased.
However, the salt business required significant capital. Most merchants lacked the money to purchase salt permits; without a permit, they could not sell salt, let alone become salt merchants. Just like that, the idea of increasing the number of salt merchants had vanished like a bubble.
Chapter 806