数字现金对货币供应与货币流通速度的影响

The Influence of Digital Cash on Currency Supply and Currency Speed

基于网络银行的数字现金一出现后便迅速挤占现金通货纸币的位置以及替代存款类电子货币的某些发育层次形态 ,本文结合我国货币供应的实际 ,探讨了数字现金对货币供应和货币流通速度的影响。本文认为 ,随着数字现金的普及应用 ,首先 ,货币供应量Ms1 和Ms2 都将下降 ,而且Ms2 比Ms1 下降得快些。其次 ,货币流通速度在初期 (以V0 为主 )将随M0 趋向减少而呈下降的态势 ,而在后期E ,VE 都将趋向增大 ,M1 的总量却将因其流动速度的极快以及向Mn 转化的总趋势 ,将导致其形态留存时间极短而总量趋向降低 ,则货币流通速度 (以VE 为主 )将转而呈上升趋势 ,即货币流通速度变化特征呈V字型。

Digital cash basing on Internet Bank is the results evolved by electronic money. The fact that digital cash takes up the place of the currency, the deposit money and other ex-period forms of the digitalized electronic money zooms up the evolution of the form and function of the currency and changes the form and definition of money. The influence on currency supply and currency flow speed is studied, combined with the reality of Chinese currency supply. Finally, this paper indicates that the currency supply Mst and Ms2 will increase at first, and then decrease at last with the popularity and spread of digital cash.