中国政府已成另外一个货币创造主体

Please note that there may be discrepancies between this, the original Mandarin text, and the English text, which has been edited. If you would like to make any changes to the original article, let us know and we will pass your proposed edits along to the author for approval.

北京 – 中国“货币超发”是不争的事实,但弄清楚“货币超发”的根源到底是什么,是比“货币超发”本身更有意义的事情。

一国货币是否超发一般用M2/GDP指标衡量。从数据上看,2003年至2012年这10年间,中国年均GDP增速高达10.5%,中国年均CPI增速仅为3.0%的确是“高增长、低通胀”的“黄金时期”,但货币增长的速度和规模也不能不令人担忧。

To continue reading, please log in or enter your email address.

To continue reading, please log in or register now. After entering your email, you'll have access to two free articles every month. For unlimited access to Project Syndicate, subscribe now.

required

By proceeding, you are agreeing to our Terms and Conditions.

Log in

http://prosyn.org/u7KYVLm/zh;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.