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建国以来,我国曾经不止一次地发生过总需求膨胀和通货膨胀,同时又曾经有效地制止通货膨胀。事情的反复发生,说明通货膨胀有着深刻的体制根源,而曾经有效地制止通货膨胀,说明中央政府是有能力调控的。近些年出现了一个值得注意的迹象:总需求膨胀的势头正旺,中央政府的调控能力日减,其中一个重要原因在于“小财政”和“大政府”的矛盾。
Since the founding of New China, aggregate demand expansion and inflation have occurred on more than one occasion in our country, and at the same time we have effectively stopped inflation. The recurrence of events shows that inflation has a profound systemic root cause. Once the inflation was effectively stopped, it shows that the central government is capable of regulation and control. One noteworthy sign emerged in recent years: the momentum of total demand expansion is swelling and the control power of the central government is decreasing day by day. One of the important reasons lies in the contradiction between “small fiscal” and “big government.”