财政赤字规模应把握社会承受力限度

平衡财政赤字有举债和银行透支两个途径,二者可兼用。举债要视当期财政收入状况为前提,银行透支超越社会承受力一定限度将致发通胀。因此,必须关注财政赤字规模的社会承受力。从全国看,财政赤字规模---一定限量银行透支应以一定限量社会闲置货币资金的存在---社会承受力为依托。财政赤字宜用积极手段平衡。

The Size of Fiscal Deficit Expected to Be Limited within Social Tolerance

Debt financing and bank overdrafting are the two methods to balance fiscal deficit, and they can be used at the same time. Debt financing should be under the premise of the current fiscal revenue. Bank overdrafting will bring about inflation if it is beyond the social tolerance. Therefore, the social tolerance of fiscal deficit should be paid attention. Nationally speaking, the size of fiscal deficit is expected to be limited within social tolerance---a certain bank overdrafting should be based on a certain social spare currency fund. The fiscal deficit is expected to be balanced by positive methods.