全球通货膨胀的根源和走势

The Origin and Trend of Global Inflation

肇始于美国的通货膨胀已经成为全球性问题,这再次提醒我们,经济现代化是一种全球化现象。实现经济现代化的关键是要在开放的同时保持自主性,正确应对国际经济大循环的周期性变动。本轮全球通胀是全球经济大变局的自然演进,有其深刻而复杂的长期根源。全球经济的供给和需求已经发生逆转,出现所谓反向货币战争的新特征。各国都在极力拓展和争夺宏观经济政策空间,增强自身经济韧性。通货膨胀具有强烈的再分配效应,对于个人、企业和政策制定者都是严峻考验。

Originating in the United States,inflation has become a global issue which reminds us again that economic modernization is a global phenomenon.Against this background,the key to realizing economic modernization is to maintain independence while opening up and correctly responding to the cyclical changes in the international market.As a natural evolution of global economic changes,recent global inflation has deep,complex,and long-term causes.Nowadays,the supply and demand for the global economy have been reserved,leading to the so-called“Reverse Currency War”.Thus,all countries are striving and competing for ample room for macro economic policy to enhance their economic resilience.On the whole,inflation has strong redistributive effects,posing severe challenges to individuals,enterprises,and policymakers.