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30 years ago, "million households" now worth?

2016-08-25 17:00 Enterprise News
 

With nearly three decades of inflation eroded, "million households" has become a historical concept, so now how much wealth was equivalent to the previous "million households"?
"Million households," the word was in the late 1970s produced. Million households that era is a very amazing people. At that time the price of rice 0.14 yuan, 0.95 yuan price of meat, about 2 yuan relatives gifts, lucky money 0.1-0.2 yuan, 10,000 yuan can buy a lot of things.
However, with nearly three decades of inflation eroded, "million households" had become a historical concept, so now how much wealth was equivalent to the previous "million households"? From Beijing Normal University professor Zhong Wei of an authoritative academic studies, the answer is "2550000"! sweat!
Assumed when the "million households" take five regular savings deposit roll over, even taking into account hedging supplement, then $ 10,000 in the bank today, at best, difficult to more than 100,000 yuan.
Ten dollars in China 50 years ago, what to buy? Compare surprised! The price situation in the late 1960s: the subsistence minimum 8 yuan, current price situation is 840 yuan.

60 years of "ten dollar bills."

 
The late 1960s the price situation:
Low cost of living: 8
Today's price situation: 840 yuan

 To buy rice: 80 kg
Today's price situation: 3.5 pounds

To buy crabs: 12 pounds
Today's price situation: six legs (according to the same quality)

 
The largest octopus: 30 pounds
Today's price situation: 1.5 pounds

 
Large yellow croaker: 30 pounds
Today's price situation: scale

Cloth: Zhang Yu 1
Today's price situation: 1 foot

Vegetables: 500 pounds
Today's price situation: 4 pounds

 
Beef noodles: 100 Bowl
Today's price situation: 1 to 2 bowl

 
Small ravioli: 100 Bowl
Today's price situation: 2 bowls

 
Primary school fees: 6 yuan
Today's price situation: a low-grade stationery

 
Cinema: 200 games (student tickets)
Today's price situation: listen to the sound off

 
Mid shoes: one pair (7.68 yuan)
Today's price situation: one pair (7.68 yuan) laces

 
Popsicle: 250
Today's price situation: 10

 
White Rabbit candy: 4 pounds
Today's price situation: two 4