摘要
本文通过对货币的流通手段与价值尺度职能的分析,认为国家政权在铸币税及经济调控权的诱惑下,垄断了交易媒介发行权而导致货币两大职能的统一。但在电子货币取代纸币的情况下,货币乘数将由电子货币流通速度内生决定,可以趋向于极大甚至无穷大,国家政权获取铸币税与经济调控权的模式因而失效,并将最终导致货币两大职能的分离及传统货币概念的消失。
Through the analysis of the monetary function of currency means and value measure,the paper concludes that the state power monopolizes the power of issuing money under the enticement of seigniorage and the right of controlling economics,which leads to the unification of the two functions of money.But when electronic money takes the place of paper money,the monetary multiplier which will be endogenously decided by the velocity of circulation of electronic money will tend to be maximized,thus the state power will lose its way to acquire seigniorage and the right of controlling economics.As a result,it will ultimately lead to the separution of the two functions of money and the disappearance of the traditional idea of money.
出处
《财经研究》
CSSCI
北大核心
2003年第8期3-8,共6页
Journal of Finance and Economics
基金
国家社会科学规划基金项目(01BJL012)
关键词
货币
价值尺度
流通手段
铸币税
货币乘数
money
value measure
means of circulation
seigniorage
monetary multiplier
