人民币对外升值对内贬值矛盾剖析

2005年人民币汇率政策改革以来,人民币对美元大幅升值,从理论上讲,人民币对外持续升值有利于抑制国内通货膨胀,使人民币的购买力增大,可恰恰相反,从2007年以来,中国一直处于高通货膨胀的态势,理论在现实中出现了矛盾。本文通过对人民币升值和通货膨胀的原因分析,得出两者并不矛盾。

On RMB's outer inflation and inner devaluation's conflict analysis

After the reform of RMB exchange rate policy in 2005, there is a sharp appreciation of the RMB against the U.S. dollar. Theoretically speaking, the appreciation of RMB can bring down the curb domestic inflation, causes the increases of the purchasing pow- er of the RMB. On the contrary,since 2007, China has been in the high inflation. Theory presented the con- tradiction in the reality. This article bases on the analysis of RMB appreciation and analysis of the rea- sons for inflation and obtains that there is no contra- diction between the two. through to the Renminbi revaluation and inflation's reason analysis.