摘要
有利的货币供给冲击对经济的促进作用,是货币的正面责任。货币受高收益率的引诱持续流入某个产业,导致该产业由产能过剩走向增长型衰退,不利的货币供给冲击是货币负面责任的表现。因此,只有具备货币责任意识,才能更好地发挥货币对经济的促进作用。作为社会生产关系产物的货币,必然要求承担自己的社会责任:中央银行应当对货币供给"引导与控制",以促进产业结构调整、治理产能过剩防止增长型衰退;商业银行的贷款决策要警惕某些产业短期的高收益率,以规避引诱货币流入出现的"信用繁荣";社会公众理性的投资行为,不仅能够获得合理稳定的投资收益,也是维护金融市场和货币体系秩序的内在要求。
Beneficial money supply will benefit economic growth which would be defined as the positive monetary responsibility. While being continuously lured and invested into certain industies with higher earning rates, hazardous money supply, resulting in ex- cess capacity and further ＂Growth with Recession＂, shows the evidence of negative monetary responsibility. Therefore, being aware of the responsibility of money is the precondition for its better use to improve economic growth. Inevitably, as the outcome of social rela- tion of production, money has to take its corresponding social responsibility. First of all, cental bank should guide and govern money supply to realizing the readjustment of industrial structure and preventing ＂Growth with Recession＂ from excess capacity. Secondly, the loaning policy of commercial banks should avoid being trapped into those industries with higher - but - short - term earning rate. Other- wise, it could lead to a false booming of credit. Thirdly, rational investing for the public is the very basis of both reaping stable equity earnings and maintaining the function of financial market and monetary system.
出处
《齐齐哈尔大学学报（哲学社会科学版）》
2013年第6期37-40,共4页
Journal of Qiqihar University(Philosophy & Social Science Edition)
基金
国家社会科学基金项目(12XJY023)
广东白云学院"金融学"重点学科建设项目
关键词
增长型衰退
收益选高
货币责任
货币责任意识
货币社会性
Growth with Recession
higher - earning - rate bias
monetary responsibility
consciousness of monetary responsibil-ity
sociality of money
