利息是利润的一部分——评加息争议

马克思系统科学地论证了利息是利润的一部分，利息率由利润率调节。中国利率形成机制与发达国家不同，没有以调控货币量为基础，在开放背景下，加息反而可能加剧通胀。由于利息是利润的一部分，针对目前关于加息的争议，我们要吸取经验教训，防止加息造成“利息挤压利润”导致企业经营困境。基于利息本原的理论逻辑与现实表现，目前加息应慎行。

The Interest Is One Part of the Profit --Comments on Policy of Interest Rate

Karl Marx demonstrated that the interest is a part of the profit and the interest rate is subject to the profit rate. China＇ s policy mechanism of interest rate is different from the one of the developed countries. Chinese mechanism is not based on the control of the money supply; therefore the increase in interest rate may result in higher level of inflation in the open economy. Concerning about the present disputes about the increase of the interest rate, we should always keep in our mind the lessons of our own, preventing the dilemma of firms operation with decreasing firms＇ profits. Therefore according to the performance of the theatrical logic and reality, the policy of increase in interest rate will be not powerful.