浙江大学宋玉华教授近日撰文分析制约美国经济扩展的深层次原因,使我们对当前美国经济形势和未来走向有一个比较全面和清醒的认识,文章认为: 一是通货紧缩的危险。最近美国联储主席格林斯潘发出警告:“通货紧缩可能与通货膨胀带来一样多的问题。”目前,通货紧缩的潜在危险已逐渐积累。首先是商业银行准备金总额增长率趋于下降。这是有史以来最低的;与此同时,美元的实际有效汇率已经提高,按照美元计算的黄金价格暴跌,这也是银根紧缩的典型征兆。此外,3年来货币扩张的速度大幅度放 Recently, Professor Song Yuhua from Zhejiang University analyzed and analyzed the deep-seated reasons that restrict the economic expansion of the United States. This gives us a more comprehensive and clear understanding of the current U.S. economic situation and future trends. The article holds that: First, the danger of deflation. Recently, Federal Reserve Chairman Alan Greenspan warned: “Deflation may be as much a problem as inflation.” At present, the potential risks of deflation have gradually accumulated. First, the growth rate of the total reserve of commercial banks tends to decline. At the same time, the real effective exchange rate of the U.S. dollar has risen. The sharp fall in the gold price in U.S. dollars is also a typical sign of a monetary tightening. In addition, the rate of monetary expansion in the past three years has been greatly reduced