1976 年 two wages 38.87 yuan, the value of how much the RMB is now?
by a \How much value is RMB? By a \
1971 年 8 月 5 日 Nixon announced the new economic policy, the dollar and linked to the price of gold, $ 35 / 1 avoirdupois ounce of gold, 1 ounce equals 28.35 grams. 1976, four years ago to work to ordinary secondary wages 38.87 yuan, 1976 on 1 U.S. dollar 1.88 yuan, equivalent to $ 20.67, can be exchanged for 0.59 oz (16.75 grams) of gold.
0.59 oz (16.75 grams) of gold, equivalent to how much the RMB is it? Depreciation of the dollar in October 2010 to $ 1320 / 1 ounce of gold. Then $ 1 is now 6.8 yuan exchange, equivalent to 5,296 yuan now. That is, is now 5,296 yuan, equivalent to 1976 years ago to work in order to achieve four years of general secondary wage workers 38.87 yuan. Not to health, education, housing, welfare costs included.
look at the development of more than 30 years now, any one of ordinary workers to work four years to get 5,296 yuan to pay it? And 5,6,7,
belstaff blouson,8 not to compare the level of senior workers. Now a common worker to work for 10 years, the monthly income of 2,500 yuan has been very good, only 30 years ago, this is only 50% of low-level workers.
rely on \
Enclosure: 1
【Review】 systemic macro-micro questioned CPI
Xu l
statistical data in the current system, residents questioned by the consumer price index CPI estimate is the largest. Recently, the State Statistical Bureau spokesman Sheng to Win a \
from the perspective of an ordinary citizen, we do not care how much CPI, we are concerned he has the purchasing power of currency or deposits. If the price rose more than the wage increase, deposit receipts increase, it obviously means that the smaller purchasing power of money, that is, change money, \If I buy a house, purchasing power of money is clear that real estate prices have to be measured.
I said on the CPI should be systematically questioned, that is, from the perspective of purchasing power of money. This measure,
outlet belstaff, we need to put 30 years of reform and opening up a big process to go - from 1978.
representative of that era, many figures, 1978, average monthly wages in the country as 51.25 yuan, the annual average wage is 615 yuan, if the family where a person has the level of wages, could feed a family. At that time, if a family's savings of 1 million, can be admired as \
calendar year under the National Bureau of Statistics CPI index, to November 2009, CPI in the past 30 years and 11 months, the cumulative increase of 5.7 times. According to this index, we present the average monthly wage should be able to achieve 292.1 Yuanben 51.25 yuan in 1978, the purchasing power of wages. But everyone knows, 292.1 yuan less than the current level of subsistence allowances in 2008 in Beijing (390 yuan per month).
single item from a price comparison on the more telling. China Southern Fund Senior Fellow, Mr. Wan Xiaoxi done a useful statistic, he from the \price, we then from the China Price Information Network and other local query to the current price of the single product, you can achieve contrast.
first class food. 0.185 in 1978, when the price of flour to 0.22 yuan / kg, according to China Grain and Oils Information Network, Shanghai this month price of flour was 1.19 yuan / kg 1.92 yuan / kg, the price rose 5.4 to 10.38 times.
1978 年 price of pork to 1 0.85 yuan / kg, according to China Price Information Network, by the end of November of fresh pork (rib meat, lean meat) price 9.59,
belstaff jackets sale,11.39 yuan / kg, the price rose to 9.59 ~ 13.4 times.
1978 年 octopus prices 0.305 0.38 yuan / kg, according to China Price Information Network, by the end of November octopus price 8.08 yuan / kg, or 21.3 to 26.5 times.
second high-grade tobacco and alcohol. 1978, 0.55 yuan per pack of Chinese cigarettes, Maotai 8 per bottle; current price of 57 yuan per box, respectively, and 828 yuan per bottle, the price rose 103.6 percent and 103.5 times.
third type clothes category. 1978 clothing 10 to 20 yuan each, the current 100 to 500 yuan each, or 5 to 50 times.
fourth category of traffic classes. Beijing subway fares in 1978, 0.1 yuan, the current is 2 yuan, or 20 times (Beijing subway fares worked 3 yuan, after encouragement by 2007, reduce the use of public transport fares.)
fifth medical class. Price of appendicitis in 1978, 8 yuan, 90 to 500 yuan, or 11.25 ~ 62.5 times.
VI housing category. Water and 0.12 yuan per ton in 1978, the current 3.7 yuan per ton, or 30.8 times.
In addition, because of the distribution system in 1978 when a planned urban housing allocation, currently require their own purchase. At that time the education, health care prices are very low. Good measure of these three types of gains.
to See the true from the micro. If you make such comprehensive measure since 1978, has only 5.7 times the CPI increase,
belstaff sale, obviously can not measure changes in prices of the above six categories, if coupled with housing, education, health care, it also can not be measured by. This is why, to measure price changes of CPI systematically questioned.
The problem is, 5.7 times the CPI underestimates the extent to which the decline in the currency to buy?
can a perspective from the opposite, 51.25 yuan in 1978, the standard of living, how many dollars can be achieved now? 2009 minimum wage in Beijing is 900 yuan, in 2008 the average monthly wages of workers in Beijing 3726 yuan, which Yes Yes 51.25 yuan, respectively, 17.6 times and 72.7 times. If 3,000 yuan to 51.25 yuan in Beijing, the measure of purchasing power, which means that 58 times.
CPI systematically underestimated if the decline in purchasing power of money, then that judge on the national welfare is important. Because this 30-year deposit rate in China for basic and consistent CPI to deposit savings as the main investment instruments are consistent with those obtained in the growth of interest in accordance with CPI. But if the CPI is the purchasing power of money is underestimated, which means that savings and deposits a lot of people have been loss of purchasing power.
This is why, in the stock and real estate investment goods emerged when perceived in life, purchasing power of money in excess of CPI increase in the rate of decline, persistent search for investment goods away.
(Director of the comments for the newspaper)
Enclosure 2:
count, then four or five ten dollars,
belstaff uk, equivalent to how much now?
small brick house
reference: Speaking of reform and opening up the motivation when, Dengxp said, \completed the transformation of the basic doctrine, or the 'class struggle', ignoring the development of productive forces. \Profound reflection of the Chinese people: Poverty is not socialism, Socialism means eliminating poverty.
turn a Jiutie, the paper is based on prices calculated in previous years. Now the price is higher than in the past a lot of trouble at the moment the price we count it again. Also, below that of workers 30 years ago, the national average wage of slightly estimate is 38 million, now corrected to forty to fifty million, a compromise be 45.. Therefore, we can calculate the then current price and then pay 45 yuan, equivalent to the number of dollars now?
Maybe you do not know: 30 years ago is now one thousand yuan = number of dollars?
[SMTH Park] posted on 2005-05-03 10:30:08
first said to eat, is business. Rice 30 years ago. Flour general price was 0.17 yuan, and now the price of 1.30 yuan, up nearly 8 times. Non-staple food prices is very alarming, vegetable prices rose from an average of 5 cents a pound to an average of 1.50 per pound, or 30 times. Meat prices, an example of pork from 0.82 yuan to the present average of 6 million, up 7 times more.
the price of beef and mutton at least 10 times more than the cooking oil probably rose more than 7 times. Aquatic products, fish, for example, from an average 0.20 per pound up to the present average of 5 per pound, 25 times greater than the rate of increase, if the sea cucumbers. Urchin. Abalone. Shrimp. Crabs and other aquatic products to be high reference, their prices increase by at least 75 times. Taken together, the weighted average, food prices increased 18 to 20 times should be very objective of the.
second turn to wear a nice dress now how to say get over it 300-500 yuan, 20 yuan less than 30 years ago, the problem can be solved, so the price of clothing rose relative to that era 18 times if not too much. Of course, you might tell me to spread the clothes are cheap, 15 yuan a pair of jeans is enough. If I ask: Do you wear the clothes are bought from a stall on it? ? How do you answer? Note that we discussed here is the average consumption levels.
and so on, here is the housing problem in this topic. 30 years ago, almost no money to buy houses, and we are basically rental, rent is cheap, there are also units of housing subsidies, the average monthly rent also 3-5 yuan. Now? 500 yuan a month, how much you can rent to the square of the house? ? Some people say, I do not spend money on housing, the house was I bought it. My question is, how much money you spend to buy a house? ? So, rent prices rose almost exactly 100 times! ! There is water. Electricity. Gas. Heating, the price of these things are more than 50 times.
topic then the following lines, some now riding a bike, was riding a motorcycle, was driving private cars, of course, some people love to take a taxi. These are not representative, the most representative is by bus, 5 cents a ticket 30 years ago, and now the ticket is 1 yuan, up a full 20 times.
travel of the housing food and clothing over, let's talk about health care. education. social security and so on. 30 years ago, we have a relatively complete system of health care workers are the unit claims to see a doctor, do not spend money, farmers cooperative medical care, serious co-ordination and so on, basically no cost to see a doctor. Never spend money to spend are not comparable, because even if you only took 1 cent, and do not spend money, then compared the ratio can be considered infinite. So, we assume that a person is not flat, he is spending money to see a doctor, a hospital into how much money it? ? 30 years ago, a cold block of eight common diseases such hair to solve the problem, even if the bottle up to more than 10 pieces to play it, now? The less 20-30 yuan, if the infusion of, 100 not enough. If the disease in even more trouble. I remember a kid had biliary ascariasis hospital stay more than a month, it costs tens of dollars, now you live in the hospital a month to try, the less there was a few thousand dollars. Medical costs rose more than 80 times, right? ?
education is even greater,
belstaff shop, over the past nine years of compulsory education that is real, when we go to school about 5 yuan annual tuition and fees will you have the ability to go to college kid, 1 do not pay the money, eat money is the national governing, can not afford to not read the book. Now, a few hundred dollars a year primary school, secondary school a few thousand dollars a year, the University thousands of dollars a year, people may read the book can not afford too much! ! Rising costs of education not more than 300 times, right? ?
In summary, the weighted average, 30 years, the cost of living of Chinese people should be increased by 25 times to 30 times the look. There is also a factor to be considered, that is, the exchange rate of RMB against the U.S. dollar. 30 years ago, the RMB against the U.S. dollar was 2:00 a few more than 1 now? 8.7 Guinea Bissau 1, a depreciation of almost three times the cost of living increase should arguably multiplying that figure, but not taking into account the many factors and some of the actual situation than, I think 25 times to 30 times plus 10 basis times should be more reasonable. That is, we compare the current cost of living increased by about 30 years ago 35 to 40 times the look.
Well, now's the equivalent of 1,000 dollars over the past number of it? ? About 25 to 29 yuan look. Then, 30 years ago the national average salary of workers? Rough estimate, it should be more than 38 yuan.
38 元 equivalent number of dollars it now? ? Is about 1,330 yuan to 1,520 yuan between the bar. Now the national average wage of workers will get 1,000 yuan it? The answer is clearly no.
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