最近CPI不断攀升,按照货币学派的理论,其原因就是过去两年过于宽松的货币政策。如今政策的影响已经开始显现,同时欧洲主权债务危机以及美国经济的不佳表现令全球经济前景堪忧,中国许多中小企业在资金压力下也危机重重。一边是高位攀升的通货膨胀,另一边是经济下行的现实风险,站在十字路口,货币政策面临艰难选择。 The CPI has been rising recently. According to the monetary school theory, the reason is that the past two years have been too loose monetary policy. Now that the impact of policies has begun to appear, while the European sovereign debt crisis and the poor performance of the U.S. economy have made the global economic outlook worrying, many SMEs in China are under crisis of financial pressure. One side is high inflation, the other side is the real risk of economic downturn, at a crossroads, monetary policy is facing difficult choices.