摘要
传统货币形态变迁陷入"囚徒困境":金属货币(金银)体系下更多是货币短缺,引发通货紧缩;信用货币(纸币)体系下更多是货币泛滥,催生通货膨胀。运用分布式总账等破坏性创新技术的数字货币的诞生为破解传统货币形态变迁的"困徒困境"提供了崭新思路。通过归纳梳理国际、国内理论研究和实践检验,审慎评估私人数字货币(PDC)核心技术,权衡"双刃剑"的利弊得失,探索央行数字货币(CBDC)的制度框架与关键技术,并对稳妥渐进推出央行数字货币(CBDC)作出审慎周密的演进安排。
The changes of traditional money were in ＂prisoner＇s dilemma＂. Metal money systems（gold and silver） were usually short of currency which caused deflation.Credit money systems（fiat money） were usually with too much money which caused inflation. With destructive innovative techniques such as distributed ledgers, digital currency were created to provide new solutions to solve the prisoner＇s dilemma of traditional currencies. By summarizing and classifying national and international research and practice, the author prudently assessed the core technique of PDC and pros and cons of the two-edged weapon and discussed the system framework and key technique of CBDC. The author also analyzed the steady and gradual evolution arrangement of CBDC.
出处
《上海立信会计金融学院学报》
2017年第5期15-23,共9页
Journal of Shanghai Lixin University of Accounting and Finance
关键词
央行数字货币
货币形态变迁
审慎评估
发行逻辑
演进安排
Central bank digital currency
Currency changes
Prudent assessment
Issue logic
Evolution arrangement
