Vietnam's MISERABLE Financial Conditions of a Grunt!

Today, we’re exploring the chaotic financial world of the Vietnam grunt, a landscape of military scrip, sudden economic lockdowns, and a desperate barter system where a can of peaches was worth more than a soldier's monthly pay. This comes from Department of Defense pay records, military financial documentation on the MPC system, economic studies of wartime South Vietnam, historical records of Conversion Day operations, and the accounts of men who navigated this system for twelve-month tours. SOURCES: U.S. Department of Defense. "Military Pay Tables, 1965-1972." Official pay documentation. Defense Finance and Accounting Service historical records. Military Payment Certificate Documentation. "MPC Series History." U.S. Army Finance Corps historical records. Hartzel, Garland. "Military Payment Certificates: The Story of U.S. Military Scrip." BNR Press, 1989. (Definitive reference on MPC history and C-Day operations) Lanning, Michael Lee and Cragg, Dan. "Inside the VC and the NVA." Ivy Books, 1992. (Includes economic context of wartime Vietnam) Appy, Christian G. "Working-Class War: American Combat Soldiers and Vietnam." University of North Carolina Press, 1993. Baker, Mark. "Nam: The Vietnam War in the Words of the Men and Women Who Fought There." William Morrow, 1981. Kuzmarov, Jeremy. "The Myth of the Addicted Army: Vietnam and the Modern War on Drugs." University of Massachusetts Press, 2009. National Archives. MACV Financial and Logistics Records, 1965-1972. Declassified. U.S. Army Finance Corps. "History of Military Payment Certificates in Southeast Asia." Professional bulletin, 1975. Robins, Lee N. "The Vietnam Drug User Returns." Special Action Office for Drug Abuse Prevention, 1974. (Documents cost and availability of drugs in Vietnam economy) Terry, Wallace. "Bloods: An Oral History of the Vietnam War by Black Veterans." Random House, 1984. Congressional Budget Office. "Military Pay and Benefits in Historical Context." Various retrospective analyses. Stanton, Shelby L. "Vietnam Order of Battle." U.S. News & World Report, 1981. Young, Marilyn B. "The Vietnam Wars: 1945-1990." Harper Perennial, 1991. (Includes South Vietnamese economic context)