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How China Escaped Shock Therapy w/ Isabella Weber

The Dig

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How Does the Announcement of General Price Liberalization Cause Such a Panic in Crisis?

The announcement for comprehensive price reform and lease a panic where people start to hoard whatever durable consumer goods they can get hold of. The belief in money as being a good store of value and was crumbling. So this spiraling out of control in the economic sphere, and this economic backlish against reform,. This massy situation that emerges in the 19 in 19 88, is part of the economic back backdrop of what then happens in 19 89.

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