古典货币数量论视角下的当前“中国式”通货膨胀

"Chinese-style" Inflation from the Perspective of Classical Currency Quantity Theory

2010年至2012年上半年,我国经济进入通货膨胀阶段已是不争的事实。古典货币数量理论认为,在实际经济生活中影响物价水平的两个核心变量主要是货币流通量和商品交易量。有鉴于此,我国当前通货膨胀是基于混合型货币超发和缺口型商品交易的缘故。因此,走出当前通胀,不仅要善于灵活运用货币与财政政策、调整投资策略、平衡和扩大国内需求,更要致力于转变经济发展方式,促使中国经济又好又快的发展。

It is an indisputable fact that the Chinese economy was in inflation from 2010 to the first half of 2012. In classical currency quantity theory, the two core variables influencing price level in practical economy are the amount of currency in circulation and commodity trading volume. In view of this, the inflation in China now can be attributed to the mixed-style extra issuing of currency and the trading on commodity- gap. Therefore, to come out of this problem, we should not only be good at handling monetary and fiscal policies, adjusting investment strategy and balancing and expanding domestic demand, but we should also make efforts to change the economic development style so as to promote sound and rapid development of Chinese economy.