论货币政策和资产价格的关系

一国的货币政策是否应当高度关注资产价格,关键取决于证券市场在其经济体系中所占的地位和所起的作用.如果证券市场在该国的经济体系中占据着重要地位,资产价格的变化对该国的经济运行会产生重要的影响,那么,货币政策就应当高度地关注资产价格.否则,货币政策就不应当高度地关注资产价格.

On relation between currency policy and equity price

One country monetary policy, if high concern asset price,The key to the position and the affect of securities market in the economic system. If securities market have important position in the country economic system,The change of asset price have important affect to the country economic, So monetary policy should high concern asset price. Otherwise, Monetary policy should not high concern asset price.