影响利率是减少通货膨胀或避免通货紧缩的常用方法。美国有线电视新闻网(CNN Money)的贡洛夫援引美联储的一项研究报告称,例如,如果日本银行(BOJ)在1991年至1995年间仅将利率降低2个百分点,那么日本的通货紧缩可能会被躲过。 Colin Asher指出,有时如果利率过低,这种控制通货紧缩的方法已经不再是一种选择,就像目前日本的利率几乎为零一样。在某些情况下改变利率是通过控制货币供应来控制通货紧缩的有效方式。我们终于得出了一个原始问题:“问题在于印钞款多于印钞款吗?事实上,印刷货币流入的​​方式是,美联储购买债券,从而获得资金进入经济体? ”。这正是发生的事情。美联储购买政府证券的钱必须来自某个地方。一般来说,它只是为了让美联储开展公开市场操作而创建的。因此,在大多数情况下,当经济学家谈论“印刷更多钱”和“美联储降低利率”时,他们谈论同样的事情。如果利率已经为零,就像日本一样,没有进一步降低利率的空间,因此使用这一政策来对抗通货紧缩将无法奏效。幸运的是,美国的利率尚未达到日本的低点。下周我们将看一下很少用到影响美国可能想要考虑的货币供应的方式来对抗通货紧缩。如果您想询问有关通货紧缩的问题或对此故事发表评论,请使用反馈表。

澳大利亚阿德莱德大学经济论文代写:控制通货紧缩

Influencing interest rates is a common way to reduce inflation or avoid deflation. CNN Money’s Gonoff quoted a Fed study saying that, for example, if the Bank of Japan (BOJ) only cut interest rates by 2 percentage points between 1991 and 1995, then Japan’s deflation may Will be escaped. Colin Asher pointed out that sometimes if the interest rate is too low, this method of controlling deflation is no longer an option, just as Japan’s current interest rate is almost zero. Changing interest rates in some cases is an effective way to control deflation by controlling the money supply. We finally came up with a primitive question: “The question is whether the money is printed more than the money? In fact, the way in which the printing currency flows in is that the Fed buys bonds and thus gets funds into the economy?”. This is exactly what happened. The Fed’s money to buy government securities must come from somewhere. In general, it was created just to allow the Fed to conduct open market operations. So, in most cases, when economists talk about “printing more money” and “the Fed lowering interest rates,” they talk about the same thing. If interest rates are already zero, as in Japan, there is no room for further interest rate cuts, so using this policy against deflation will not work. Fortunately, interest rates in the United States have not yet reached the lows of Japan. Next week we will look at ways to combat deflation in ways that affect the money supply that the US may want to consider. If you would like to ask a question about deflation or comment on this story, please use the feedback form.

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