In the early morning, I felt that my face and lips were warm again and again. Jing Jian smiled and hugged Cao Haiyan beside him in his arms: "What's going on? A little naughty. Why did the hair harassment turn into a morning kiss?"

Cao Haiyan chuckled and kissed Jing Jian a few more times: "I called home yesterday and found out that you had sent the money. Actually, it's not necessary. I've given a lot of money to my parents when I went home during the winter vacation."

"Silly girl, just take it for you!" Jing Jian kissed him back, "This money is for your parents. Tell them to withdraw it all and buy a house. The bigger the better. If it is not enough, I can give it to you."

After giving Qin Zi’s parents 20,000 US dollars, they exchanged them all for RMB according to Jing Jian’s intention and bought four houses. At that time, there was no supply of export housing in mainland cities, and the real estate market almost did not exist, but there were still real estate transactions, which were nothing more than the price transfer of some public housing through housing management offices. However, as long as the 1990s, all localities issued a policy of converting public housing into private housing, which only cost a small amount of money to become private. Therefore, such public housing is no different from commercial housing. Of course, the money for buying a house now is no longer a bargain price, but a price of onion and ginger.

Since I gave it to Qin Zi's parents, it would be hard to favor one and the other. Just a few days ago, Jing Jian sent her parents $5,000 in the name of Cao Haiyan, and also wanted them to buy a house.

However, after hearing Jing Jian's words, Cao Haiyan was shocked: "Ah? I asked them to save them all. Why do I buy a house? My family is all cadres, and the country has a house. My sister is also married, and my brother is still young. Even if he grows up and gets married, good units have houses. Why are you doing that in vain for money?"

Cao Haiyan is not as good as Qin Zi. Although Qin Zi is obedient in front of Jing Jian, she has always been very strong in her own family, and her parents are more obedient to her eldest daughter. Therefore, after a few words, her family will immediately follow the whole story. Cao Haiyan is different. She has her own opinions and her parents are the real head of the family, so she needs to spend more time to persuade her.

However, the concept of this era is indeed the case. The country is responsible for birth, old age, sickness and death, especially for cadre families like Cao Haiyan. Of course, the house issues are all allocated by the state. Who would spend money to buy a house by themselves? Are you stupid?

Faced with Cao Haiyan's question, Jing Jian couldn't find a suitable reason for a moment. He could not pretend to be a charlatan and said, "In the future, real estate will be commercialized and marketized, and housing prices will rise to the sky?"

After thinking about it, Jing Jian explained: "Every household needs food, clothing, housing and transportation. Buying a big house with convenient transportation and a good environment, living in a comfortable and comfortable place, and you will never suffer any loss. Moreover, your parents prefer boys over girls, so they basically want to live with their sons and grandsons in the future? With a big house, it is also convenient."

"Yeah." Cao Haiyan could accept such a reason.

Jing Jian touched Cao Haiyan's hair and continued: "Also, domestic prices are rising every day now, and houses can always maintain value. And in my opinion, there will be inflation in the next few years, so don't deposit it in the bank, it's not cost-effective."

"Ah?" Cao Haiyan was shocked again, "What should I do? It shouldn't be? Isn't inflation only happening in capitalist countries?"

"..." Jing Jian was speechless for a moment. This question that was not a problem in the future was really hard to answer now. "Listen to me anyway! Don't deposit it in the bank, buy value-preserving products, or find a way to exchange for foreign exchange. You can calculate how much has your parents' salary income increased in the past two years? How much has the prices outside increased? My Haiyan is from the Department of Mathematics, so numbers will not be lying, right?"

"Okay! Let me talk to my parents." Cao Haiyan reluctantly agreed, but her expression was still a little disbelief, "Just scare me! If it rises, the rice price will not rise to 2 cents." (The rice price at that time was around 1 cent)

"Cough cough cough." Thinking of the rice price in just a few years, Jing Jian had nothing to say.

...

This period was a special period of China's reform and opening up. And its key term - price breakthrough! In other words, from a planned economy to a market economy, price reform is placed in an important position.

The specific process and content of price breakthroughs can be found on Baidu, and there is no fraud in word counts. You just need to understand that due to unreasonable price comparisons and dual-track system, the price structure of China's commodity at that time was quite distorted. Therefore, since 1984, the country has gradually begun price reform.

In this chaotic period, "criticism" and "debtors" were popular. A considerable number of the rich people who later became primitive accumulations were all in this special period. But specifically, the common people need to endure the pain of inflation.

Even in the end, in 1988, the price failed completely. The market hoarding and buying, from straw paper to batteries, from clothing to shoes and hats, from color TVs to refrigerators, were already grabbing whatever they saw, but they didn't leave the RMB. There was a panic run in the bank, and within three months, residents' savings decreased by nearly one-tenth. As for inflation? Based on the 13.7% increase in the price index in 1987, the price index in 1988 rose again by 34.8%.

However, although the price has failed, the price reform has not stopped. It has only changed from short-term, intense, to long-term, slow. It was not until the price was fully liberalized in 1992 that the price reform was basically completed. And then, there were still a series of sequelae problems such as state-owned enterprise reform, triangle debt, and large-scale layoffs.

Some friends may ask, why do we need to carry out this very fierce economic policy?

This involves another noun - shock therapy!

Later generations seemed to have become notorious and demonized due to the drastic changes in the Soviet Union and Eastern Europe. But at that time, it was quite interesting, but shock therapy was well-known and was regarded as a magic pill by the economics community and governments. Why? Because shock therapy had just saved a country's economy.

In the 1980s, Bolivia, as a small country with a backward economy in South America, suffered from long-term political turbulence and continuous mistakes in the government's economic policies. The resulting economic problems accumulated a large number of times but were not resolved, which finally led to a serious economic crisis.

In 1985, the Bolivian government's budget deficit reached 485.9 trillion pesos, accounting for about one-third of the GDP, and the inflation rate was as high as 24,000%. In 1984, the foreign debt was US$5 billion, and the interest payable was nearly US$1 billion, exceeding export income. From 1980 to 1985, residents' living standards fell by 30%, and the national economy was almost on the verge of collapse.
Chapter completed!