摘要
存贷差和外汇占款以及M2与M1差额的不断拉大等都不是流动性过剩的直接成因,而是由于货币政策没有及时对经济发展出现的变化作出反应造成的。解决流动性过剩问题有三条思路:一是要加大货币政策的紧缩力度以收紧流动性,从而预防可能发生的通货膨胀;二是使用扩张性的财政政策,在货币政策紧缩的同时,通过财政政策的扩张保证经济的稳定发展;三是加快利率市场化进程,为汇率自由浮动提供前提和基础。
Rather than difference between deposits and loans, occupying foreign exchange, or increasing gap between M2 and M1, it is the direct source for Chinese liquidity surplus that monetary policy did not react in time to the changing economic situations. To solve the liquidity surplus, we have 3 ways: first, take more contractionary monetary policy and prevent the possibility of inflation; second, take the expansionary fiscal policy and keep the economy stable; and third, speed up the marketization of interest rates and help to build the free-floating system of exchange rate.
出处
《经济理论与经济管理》
CSSCI
北大核心
2007年第2期19-25,共7页
Economic Theory and Business Management
关键词
流动性过剩
存贷差
外汇占款
货币政策
liquidity surplus
difference between deposits and loans
occupying foreign exchange
monetary policy