量化宽松货币政策下美国的消费投资与全球流动性泛滥

美联储试图通过量化宽松货币政策的实施刺激国内私人部门消费和投资的增长。研究表明,由于美国经济的问题不是流动性短缺,因此,量化宽松货币政策不仅没有带来美国经济的复苏反而带来全球美元流动性泛滥,强化了全球经济运行的不稳定性和不确定性。作为国际货币的主要发行国,美国应该放弃这种与邻为壑的量化宽松货币政策,以保持全球经济和金融的稳定。

U.S.Consumption,Investment and Global Liquidity Overflow under Quantitative Easing Monetary Policy

FED tries to stimulate the domestic consumption and private investment by Quantitative Easing Monetary Policy.Studies show the economic problem of U.S.is not insufficient liquidity,and the policy does not only recover the U.S.economy but also bring the overflow of the globe liquidity and the instability and uncertainty of the globe economy.As the international currency issuer,FED should give up the beggar-thy-neighbor policy in order to maintain the stability of globe economy and finance.