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| Author: | Li, Hongci |
| Title: | On China's present excess money supply and the pressure of potential structural inflation (original in Chinese) |
| Journal: | Research on Financial and Economic Problems (c)
1999 : 4, p.39-41 |
| Index terms: | MONEY SUPPLY INFLATION CHINA |
| Language: | chn |
| Abstract: | In recent years under the circumstances of higher level of monetization , the coexistence of excess money supply and low inflation rate has occurred again. The author thinks that excess money supply is the main reason of excessive deposit augmentation, which, under the circumstances of irrational economic structure, will cause potential structural inflation from the long point of view. Therefore, effective measures should be taken to disperse the enormous deposit and avoid economic development falling into the "strange circle" again. |
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