流动性过剩根源与应对从紧货币政策之对策

编者按:人民币持续升值的预期和中国为抑制通胀的连续加息大大刺激了热钱的流入,使中国外汇储备遥遥领先于全球各国,热钱与强制结汇制结合引发了货币供给的高速增长,最终导致宏观流动性过剩.

Reasons of Excess Liquidity and Countermeasures for Tight Monetary Policy

RMB revaluation and China's central bank raised interest rates continuously had brought about a huge inflow of money to China.To prevent inflation induced by liquidity surplus,the central bank has taken the countermeasures for tight monetary policy.It needs wisdom and experience to handle the problem that commercial banks mired in prrety pass with the liquidity surplus and insufficient at macro and micro aspects.