Shenhao UP Lord

Chapter 307 Money is so worthless?

Inflation started in 01. At that time, the depreciation rate was roughly doubled in one month, or doubled in two months. Then in 2003 and 2004, it became doubled in a week, and then in 2006 In 2007, the craziest thing was that it could double or even double a day.

Mr. Jin said helplessly: "You can't imagine how the people who took Jinyuan as wages lived at that time. It's too scary!"

"At that time, every time a customer wanted to enter the store, the boss would close the door first and say sorry, we are sorting out the inventory. In fact, they are changing the price of the product. They need to adjust with the exchange rate on the black market so as not to lose money. "

"The government has introduced policies to control prices, and store owners below also have countermeasures. You stipulate that goods cannot exceed a certain price, but people cannot lose money."

"He will control the products he puts on the shelves. In a big supermarket, the boss will first put a roll of toilet paper on the shelf, then put a box of toothpicks four or five meters away, and then put a piece of soap five meters away. He will put these three things If something is not sold today, it will not be sold. The more you sell, the more you will lose, so it is better not to sell it."

"If it doesn't work, go back and find the chief!"

"The largest denomination of money in Zimbabwe is 2 yuan, a brown note, what can the 2 yuan buy in my mother's store? Or let's say 100 pieces of 2 yuan, that is, a bundle of 200 million yuan can buy What to buy?

“Only one pair of socks!”

Imagine that after the African brother went in, he bought a lot of things, and the money he had to pay couldn't be counted, and the money counters couldn't count.

The general environment at that time was not good, and Africans really had no money and nowhere to go, so there would be more petty theft in our stores.There are many very cute fat mothers in Africa who are on the fat side and wobble like penguins when they walk.Then these big moms will take advantage of their size to steal things from the store.

What should I do?
The people who run stores here are very smart, and they will set a high threshold at the door, similar to the ancient ones. The black people don't know what the threshold is for, so they step over it stupidly.

When I arrived at the store, I started stuffing things into my clothes, stuffing things into my waist and legs. When I came out, as soon as I stepped over the threshold, I heard crackling and stuff falling down.Clothes, gloves, socks, etc. fall off, which is normal.

The most bizarre time was when a basin fell out with a bang...

Ding Xu was also drunk. It is said that there is a huge gap between rich and poor in Zimbabwe.For ordinary Zimbabweans, the monthly income is about 150-200 US dollars, which is equivalent to more than 1000 RMB. After paying the routine monthly utility bills, rent and children’s tuition, basically only 30 yuan is left. spare money.

A bag of 10 kilograms of cornmeal costs around US$7, which is usually half a month's ration for a family.In addition, they will also buy some vegetables to eat with cornmeal, and only occasionally can they eat meat.In Zimbabwe, such bottom-line population accounts for about 30%-40%.

Under normal circumstances, the income is only enough to make ends meet, so it is conceivable that under the inflation that covers the whole country, the lives of ordinary people will be even more difficult.

But even in difficult times, the poor will not starve to death, because in addition to the modern state system, there is also a system of chieftains that has been passed down from ancient times to the present.

This national culture is not only found in Zimbabwe, but also throughout southern Africa. There seems to be a chief culture.Every native African has his own hometown.His ancestors came from this village, but he may have never been there himself.

Once he can't find a job in the city and can't get along, he will go back to his hometown, find the chief there, and tell the chief who is my grandpa or grandpa's grandpa.

As long as people who came out of this place, or their descendants, the chief will help.The chief will give him a piece of land, and then he will borrow a cow or a few hens from his neighbor. With the money, go back to the city and make a comeback.

Because in Africa, before the establishment of each nation-state, the most senior leader was the local chief, so until today, the chief still has his own power to distribute the land.

The chief can communicate directly with the president over the mayor, senior officials, and ministers!
Because of inflation, the business of gas stations can't continue at all. The money earned today is worthless before refueling, so gas stations stop selling gas.

At this time, the government will intervene and sell oil to everyone at a relatively low Zimbabwe dollar price.Oil is so scarce and so cheap, everyone must line up to buy it.

So every Friday after school, three or five students would drive to the gas station and line up for refueling.But I have a fast track. Our family opened a personal account at the gas station, and put the US dollars into the account in advance to save it. You can skip the line and go directly to the small oil pump at the back to refuel.

I took this opportunity to make a deal with our physical education teacher, selling him gas at black market prices, helping him refuel, and he helped me skip school.

It really helped him a lot because he didn't have to stand in line to buy gas himself.As for me, after receiving the money, I can spend it with my friends.

At that time, it was illegal for us to spend US dollars in the market, you were not allowed to spend US dollars, you had to change it into Zimbabwean.In order to prevent currency depreciation, people at the bottom of society will try their best to exchange the money they earn today for something that preserves their value.And people with a little bit of economic foundation and economic savvy will think of more ways to preserve value, such as exchanging foreign exchange.

At this time, the business of the bank will become very hot, because everyone is exchanging money, and our family was also in the bank business at that time.

I remember that there was always a big box in my uncle's car at that time, and this big box was full of money, stacks of money...

Our family has two restaurants. The one in the city is called the Golden Dragon Hotel. The upstairs of the restaurant is the office, which is a money bank of our family’s bank.

I remember when I was a child, after school, I sat in the dining room and watched many people go upstairs with a large cardboard box of money on their heads, and a box the size of a TV with a big buttocks, and then came down in exchange for a small cardboard box of money.

And I have been economically minded since I was a child. In addition to our family opening a bank to exchange money, I also exchange money for teachers and classmates at school to earn a little pocket money.

Every weekend, I would be at home waiting for my uncle to give orders and leave at any time.As soon as my uncle came back, we drove a truck together to transport the Zimbabwe dollar cash exchanged this week, and then took back the exchanged foreign exchange.The money for a truckload goes over and comes back in exchange for a small pile of money.

There was a time when my uncle was very busy and would ask me to run for him. I would usually ask a very good classmate of mine to go with me. After all, it was not safe to be alone.

That was really cool, the two of us drove the trolley alone and ran on the road with a load of money.After running a long distance, you can still stay in a hotel, eat and drink casually in the hotel, and sign bills casually. Anyway, parents will pay for it.

(End of this chapter)