[ARC5] Inflation, radios, and cars

[J. Forster]

I was in China in 1979. The consumer boom was just beginning. The streets
had virtually NO cars. A car, to the average person, was like a Lear Jet
to us. Most Families owned 1 bicycle, which cost about a month's pay.
Owning a Japanese wrist watch or sweater was a big status symbol.

A typical home (1 room apartment for 3 or 4 people) used about 40
Watt-Hours of electricity per MONTH!

Things sure have changed.

-John

=================


> "...As for cars, did y'all hear about the new VW that is going to be built
> in China for that market? Single seat, carbon fiber body, bubble canopy
> like
> a P-51D, 1 cylinder diesel engine, gets 250 mpg, at a sales price of $600.
> And that is not a typo, SIX HUNDRED DOLLARS..."