本文分析了 1997以来所采取的财政、货币政策取得的效果 ,一方面使得通货紧缩向经济复苏转化 ,另一方面 ,由于工资收入分配等政策扩大了城乡差距 ,加之原油价格上涨外部因素的冲击 ,使得货币政策日益成为人们关注的新焦点。本文区分了两种不同的物价上涨类型 ,提出坚持适度扩张政策 ,同时相应采取减税和收入政策的主张 ,以刺激供给因素增长 ,促进经济尽快复苏 This paper analyzes the effects of the fiscal and monetary policies adopted since 1997. On the one hand, deflation is transformed into economic recovery; on the other hand, the policy of wage and income distribution has widened the gap between urban and rural areas, combined with the impact of external factors such as rising crude oil prices, Making monetary policy increasingly a new focus of attention. This article distinguishes between two different types of price increases and proposes to adhere to the policy of moderate expansion while adopting tax reduction and income policies accordingly to stimulate the growth of supply factors and promote the economic recovery as soon as possible