The shady money scandal

Japanese: ちゃら金騒動 - ちゃらきんそうどう

An uprising that broke out in Shinano, Echigo, Kai and other areas due to damage caused by the circulation of counterfeit 2-bu coins. It is also known as the Counterfeit 2-bu Coin Riot. Charakkin refers to counterfeit 2-bu coins that circulated in the early Meiji period. They were minted in large quantities by various feudal domains and circulated widely to raise military funds during the Boshin War. This caused serious price hikes. In particular, in sericulture and silk-raising areas such as Koshinetsu, large amounts of the coins flowed in from Yokohama and other areas as payment for raw silk and silkworm eggs. Farmers, not knowing how to appraise them, accepted them and fell into difficulties due to the closure of currency and rising prices.

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

信濃，越後，甲斐などで贋造（がんぞう）二分金の流布による被害を理由として起こった一揆。贋造二分金騒動ともいう。ちゃら金とは明治初年に流通した贋造二分金のことで，戊辰戦争の過程で軍資金調達のために諸藩で大量に鋳造され広範に流布していた。このため深刻な物価騰貴を引き起こしていたのである。とくに甲信越などの養蚕製糸地帯では生糸･蚕種の代価として横浜等より大量に流入していた。農民たちは鑑定法を知らないためこれを受け取り，通用閉塞，物価騰貴などによって困難に陥った。

出典　株式会社平凡社世界大百科事典第２版について　情報

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