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.


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