摘要
通货紧缩的货币成因有以下几个方面 :1 .货币供应增长率下降 ,导致名义总需求疲软 ;2 .货币流通速度下降削弱了货币扩张的效应 ;3.货币结构流动性下降 ;4.实际利率上升加剧内生性通货紧缩。货币政策取向为 :通过“国债货币化”增加货币供给 ;进一步调低商业银行存贷款利率和存款准备金利率 ;扩大存贷利差 ;
The monetary causes of deflation are the follows:1.The increase rate of money supply is declining, which weakens aggregate demand; 2.The rate of the circulation of money is decling, which weakens the effect of money supply; 3.The circulation of money structure isweakened; 4.Real rate of interest is going up, which aggravates the inherent deflation. The monetary policy oriented at these aspects: lncrease money supply by means of “National debt monetarilized”; Decrease the rate of interest on deposit、loan and deposit reserve; Expand the difference of rate of interest between deposit and loan, set up credit insurance organization for small enterprises.
出处
《中央财经大学学报》
CSSCI
2000年第4期44-48,共5页
Journal of Central University of Finance & Economics
关键词
通货紧缩
货币供应
货币流通速度
货币政策
Deflation Money supply Monetary policy Rate of the circulation of money Money structure Real rate of interest
