Massive Printing of 20 Trillion Yuan, Rmb Devalued by 20%

Massive Printing of 20 Trillion Yuan, Rmb Devalued by 20%

Massive Printing of 20 Trillion Yuan, Rmb Devalued by 20%

When I received my electricity bill today, I was extremely shocked! It's like ¥2,600! I live on my own, and in November my bill was only around ¥140. But the one for December, it's more than ¥2,600! This happened three months ago, and people in Shanghai thought that electricity prices had gone up. But then the local government came out to clarify that they hadn’t raised the prices. Netizens started mocking them, saying, "If the electricity prices didn't go up, then the meters must be running too fast!" But, this kind of talk was silenced online, and you could only find two pieces of news on Google. It made people wonder, is there some bigger conspiracy going on behind the scenes?