通货膨胀与经济增长

Inflation and Economic Growth

本文根据战后资本主义经济发展的现实情况,分析了通货膨胀与政府投资和私人投资、通货膨胀与劳动生产率之间的相互关系,指出通货膨胀既不能有效地刺激投资,也不能促进劳动生产率的稳定提高。因此,从一个较长的时期来看,通货膨胀只能阻碍而不能促进经济的增长和发展。

In accordance with the practical conditions of economic development of capitalism since world War Ⅱ, the article analyses the correlations between government investment and the private investment, between inflation and productivity, and points out that inflation can not effectively stimulate investment nor can it steadily promote the productivity of labor force. In the long run, therefore, inflation can only obstruct, rather than promote, the economic growthand development.