London Survival in London (Part 2)

Given Fang Ran had never been abroad (crossed out),

and had never properly lived in a foreign country, coupled with his shallow understanding of anything economics-related, he had always thought that even with something like exchange rates,

those were only involved in international trade,

so the currencies within their own countries should all be roughly equivalent. One pound in England should be the same as one yuan in Huaxia.

But when he saw that a bag of bread in front of him cost only 70 pence—0.7 pounds—concepts like currency value, national wealth, productivity, and inflation rolled through his mind in ways he fundamentally did not understand.

Very simply, he thought about how a loaf of bread in Beijing cost at least three or four yuan.

Fang Ran suddenly felt like he was holding a "huge sum of money."

He looked at the shelves before him. Even with his terrible English, he could recognize the prices, most of which were tiny numbers like 0.something or 1.something.

A loaf of bread was 0.7 pounds, which meant that even if he bought ten loaves, he would still have three pounds left.

(°Д°!) Was England's cost of living really this low!?

That was right.

Contrary to the image of the Imperial Capital of the British Empire being a place where even firewood and rice were exorbitantly expensive, supermarket prices in London were surprisingly ordinary and cheap.

You might say that, converted by exchange rate, a bag of bread costing nearly seven yuan was hardly cheap. But do not forget one thing.

They earned more than you did. (cold, merciless eye-roll)

Could the price of a bag of bread mean the same thing to you as it did to them? (eye-roll again)

For an ordinary office job in London, the monthly salary was at least