Use donkey to fight against inflation


Source: Du Keqin’s blog

China’s inflation is a headache for both rich and poor people in China. Recently, National Statistics Bureau published 2010 CPI. The annual percentage change is 3.3%. In particular, it is 4.6% in December. So, many people are fighting against inflation in their own way, such as investing in stocks, housing, or gold. During the spring festival, I saw a slogan “A donkey is a small bank”. This is local government’s propaganda to encourage farmers to raise donkeys. For me, it is hard to understand why a donkey is equivalent to a small bank.

Advertisements

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: