When the paper currency replaces the metal money, the legal issuance of paper money may exceed the true demand of the currency of the economic activity, it will produce price rising too fast or inflation. 当纸币代替金属货币时,法定货币发行可能超过经济活动对货币的真实需求,便会产生物价过快上涨或通货膨胀;
This paper points out the defect of traditional curing currency inflation, gives an interest& money model curing currency inflation and calculates its effect. 指出了我国传统的治理通货膨胀方法的缺陷,提出了使用利率&货币价格治理通货膨胀的数学模型,并具体测算了其作用效应的大小。
Therefore, this paper argues that the high foreign exchange reserve can make the result of excess liquidity in our country. And due to the money supply exceeding the need of the real economy, the pressure on inflation is bigger. 因此,本文认为高额的外汇储备会使我国出现流动性过剩的结果,货币供应量超出了实体经济的需求从而增加了通货膨胀的压力。