{"id":2712,"date":"2021-12-11T12:04:41","date_gmt":"2021-12-11T04:04:41","guid":{"rendered":"https:\/\/fanyuzhao.com\/?p=2712"},"modified":"2022-03-02T16:51:26","modified_gmt":"2022-03-02T08:51:26","slug":"monetarists-views-fail","status":"publish","type":"post","link":"https:\/\/fanyuzhao.com\/?p=2712","title":{"rendered":"Monetarist&#8217;s Views Fail"},"content":{"rendered":"\n<p>Cash in Advance model\u4e2d\u7684\u7ecf\u6d4e\u7406\u8bba\u7ed3\u8bba\u5f80\u5f80\u57fa\u4e8eMaket clears\u7684\u57fa\u7840\u4e0a\uff0c\u4f46\u662f\u5f53\u524d\u5e02\u573a\u5e76\u975e\u8fbe\u5230\u5408\u7406\u5206\u914d\u4e5f\u672a\u8fbe\u5230\u7406\u60f3\u4e2dequilibrium\u60c5\u51b5\uff0c\u4e8e\u662fimplications of monetary views collapse. <\/p>\n\n\n\n<p>\u5982\uff0cpublic sector deficits \u5bfc\u81f4 inflation\uff0c\u56e0\u4e3a\u57fa\u4e8epublic sector&#8217;s budget constraint\uff0cdeficit produces extra money supply\u3002\u4f46\u662f\u76ee\u524d\u56fd\u5185\u60c5\u51b5\uff0c\u5e02\u573a\u5c31\u4e1a\u60c5\u51b5\u975e\u5e38\u4e0d\u7406\u60f3\uff0c\u4e0a\u4e0b\u6e38\u4ea7\u54c1\u4ef7\u683c\u4e0e\u4ef7\u503c\u4e25\u91cd\u504f\u79bb\uff0c\u6b64\u65f6price level increases\u5e76\u975e\u65f6\u7531extra\u5bfc\u81f4\u7684\uff0c\u800c\u662f\u7531\u5e02\u573a\u7684\u7ade\u4e89\u4e0d\u5145\u5206\u5bfc\u81f4\u3002\u6240\u4ee5\u57fa\u4e8e\u6b64\uff0cdeficits\u4e0d\u4f1a\u5bfc\u81f4\u901a\u80c0\u3002\u540c\u65f6public sector\u5e94\u8be5\u91c7\u53d6\u653f\u7b56\u652f\u6301\u89e3\u51b3\u4e0a\u6e38\u7ade\u4e89\u96c6\u4e2d\u5ea6\u95ee\u9898\uff0c\u5e76\u4e14\u63d0\u5347\u5e02\u573a\u6d41\u52a8\u6027\uff0c\u652f\u6301\u4f01\u4e1a\u53d1\u5c55\u4ee5\u89e3\u51b3\u5c31\u4e1a\u95ee\u9898\u3002\u540c\u65f6policymaker\u5e94\u8be5\u4ecehousehold\u4fe1\u5fc3\u7684\u89d2\u5ea6\uff0c\u652f\u6301\u57fa\u7840\u670d\u52a1\u53ca\u4fdd\u969c\u63aa\u65bd\uff0c\u89e3\u51b3\u52b3\u52a8\u529b\u5e02\u573a\u95ee\u9898\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash in Advance model\u4e2d\u7684\u7ecf\u6d4e\u7406\u8bba\u7ed3\u8bba\u5f80\u5f80\u57fa\u4e8eMaket clears\u7684\u57fa\u7840\u4e0a\uff0c\u4f46\u662f\u5f53\u524d\u5e02\u573a\u5e76\u975e\u8fbe\u5230\u5408\u7406\u5206\u914d\u4e5f\u672a\u8fbe\u5230\u7406\u60f3\u4e2dequilibrium\u60c5\u51b5\uff0c\u4e8e\u662fimplications of monetary views collapse. \u5982\uff0cpublic sector deficits \u5bfc\u81f4 inflation\uff0c\u56e0\u4e3a\u57fa\u4e8epublic sector&#8217;s budget constraint\uff0cdeficit produces extra money supply\u3002\u4f46\u662f\u76ee\u524d\u56fd\u5185\u60c5\u51b5\uff0c\u5e02\u573a\u5c31\u4e1a\u60c5\u51b5\u975e\u5e38\u4e0d\u7406\u60f3\uff0c\u4e0a\u4e0b\u6e38\u4ea7\u54c1\u4ef7\u683c\u4e0e\u4ef7\u503c\u4e25\u91cd\u504f\u79bb\uff0c\u6b64\u65f6price level increases\u5e76\u975e\u65f6\u7531extra\u5bfc\u81f4\u7684\uff0c\u800c\u662f\u7531\u5e02\u573a\u7684\u7ade\u4e89\u4e0d\u5145\u5206\u5bfc\u81f4\u3002\u6240\u4ee5\u57fa\u4e8e\u6b64\uff0cdeficits\u4e0d\u4f1a\u5bfc\u81f4\u901a\u80c0\u3002\u540c\u65f6public sector\u5e94\u8be5\u91c7\u53d6\u653f\u7b56\u652f\u6301\u89e3\u51b3\u4e0a\u6e38\u7ade\u4e89\u96c6\u4e2d\u5ea6\u95ee\u9898\uff0c\u5e76\u4e14\u63d0\u5347\u5e02\u573a\u6d41\u52a8\u6027\uff0c\u652f\u6301\u4f01\u4e1a\u53d1\u5c55\u4ee5\u89e3\u51b3\u5c31\u4e1a\u95ee\u9898\u3002\u540c\u65f6policymaker\u5e94\u8be5\u4ecehousehold\u4fe1\u5fc3\u7684\u89d2\u5ea6\uff0c\u652f\u6301\u57fa\u7840\u670d\u52a1\u53ca\u4fdd\u969c\u63aa\u65bd\uff0c\u89e3\u51b3\u52b3\u52a8\u529b\u5e02\u573a\u95ee\u9898\u3002<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2712"}],"collection":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2712"}],"version-history":[{"count":10,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2712\/revisions"}],"predecessor-version":[{"id":2722,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2712\/revisions\/2722"}],"wp:attachment":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}