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2020","format":false,"excerpt":"\u7f8e\u570b\u806f\u5132\u5c40\u760b\u72c2\u5370\u9280\u7d19\u6258\u5e02\uff0c\u5f9e\u5b8f\u89c0\u7d93\u6fdf\u7684\u89d2\u5ea6\uff0c\u5c0d\u7f8e\u5143\u8ca8\u5e63\u6703\u6709\u4ec0\u9ebc\u5f71\u97ff\uff0c\u672a\u4f86\u5be6\u5728\u662f\u798d\u798f\u96e3\u6599\u3002\u6709\u53ef\u80fd\u50cf08\u5e74\u91d1\u878d\u6d77\u562f\u5f8c\uff0c\u4f4e\u606f\u4f4e\u901a\u6f32\u9ad8\u7d93\u6fdf\u589e\u9577\uff0c\u7e7c\u7e8c\u5341\u5e74\u5927\u725b\u5e02\uff0c\u4ea6\u6709\u53ef\u80fd\u5c0e\u81f4\u7f8e\u5143\u8cb6\u503c\u9ad8\u901a\u6f32\u91cd\u81e8\u3002\u82e5\u679c\u662f\u5f8c\u8005\u7684\u60c5\u6cc1\u51fa\u73fe\uff0c\u904e\u53bb\u4e94\u516d\u5e74\u4e00\u76f4\u75b2\u5f31\u7684\u9ec3\u91d1\uff0c\u4fbf\u6709\u53ef\u80fd\u5927\u5e45\u8dd1\u8d0f\u80a1\u5e02\u3002\u6211\u5011\u9019\u4e00\u4ee3\u9577\u5927\u7684\u4eba\uff0c\u5b78\u6821\u6559\u7684\u7d93\u6fdf\u5b78\u7406\u8ad6\uff0c\u5df2\u7d93\u4e0d\u518d\u628a\u9ec3\u91d1\u8996\u4f5c\u8ca8\u5e63\uff0c\u7121\u9328\u8ca8\u5e63\u59a8\u5f7f\u5c31\u662f\u4e0d\u8b49\u81ea\u660e\u7684\u7d93\u6fdf\u5b78\u5b9a\u5f8b\u3002\u5176\u5be6\u7f8e\u5143\u7684\u91d1\u672c\u4f4d\u57281971\u5e74\u624d\u53d6\u6d88\uff0c\u7121\u9328\u8ca8\u5e63\u9019\u9805\u53f2\u7121\u524d\u4f8b\u7684\u7d93\u6fdf\u300c\u5be6\u9a57\u300d\u624d\u4e0d\u904e\u4e94\u5341\u5e74\u7684\u6b77\u53f2\u3002\u96d6\u7136\u6211\u4e0d\u8a8d\u70ba\u6703\u91cd\u56de\u91d1\u672c\u4f4d\u7684\u8ca8\u5e63\u5236\u5ea6\uff0c\u4f46\u7576\u4e16\u754c\u5404\u570b\u7684\u592e\u884c\u8fd1\u5e74\u589e\u6301\u9ec3\u91d1\u5132\u5099\uff0c\u5728\u5168\u7403\u5404\u570b\u4e0d\u65b7\u5370\u9280\u7d19\u7684\u5927\u8da8\u52e2\u4e0b\uff0c\u6211\u958b\u59cb\u5b78\u7fd2\u6295\u8cc7\u9ec3\u91d1\u7684\u77e5\u8b58\uff0c\u5c07\u4f86\u842c\u4e00\u51fa\u73fe\u7f8e\u5143\u5371\u6a5f\u6642\uff0c\u4e5f\u80fd\u53ca\u6642\u8f49\u79fb\u8cc7\u7522\u4ee5\u4f5c\u4fdd\u96aa\u3002 \u8ca8\u5e63\u5236\u5ea6\u8207\u9ec3\u91d1\u7684\u95dc\u4fc2\uff0c\u5176\u5be6\u5c31\u662f\u5b78\u7fd2\u5b8f\u89c0\u7d93\u6fdf\u5b78\u7684\u7406\u8ad6\uff0c\u660e\u767d\u5229\u606f\u901a\u6f32\uff0c\u9280\u884c\u5236\u5ea6\uff0c\u767c\u50b5\u8207\u8ca8\u5e63\u4f9b\u61c9\u7b49\u7b49\u7684\u95dc\u4fc2\u3002\u4e3b\u6d41\u7d93\u6fdf\u5b78\u652f\u6301\u7121\u9328\u8ca8\u5e63\uff0c\u6211\u5927\u5b78\u6642\u6709\u4fee\u8b80\u7d93\u6fdf\u5b78\uff0c\u6709\u904e\u53bb\u56db\u5341\u5e74\u7684\u7d93\u6fdf\u767c\u5c55\u505a\u8b49\uff0c\u52a0\u4e0a\u6211\u662f\u5f7f\u5229\u6c11\u7684\u4fe1\u5f92\uff0c\u662f\u6211\u591a\u5e74\u4f86\u4e00\u76f4\u6df1\u4fe1\u7684\u7d93\u6fdf\u5b78\u7406\u8ad6\u3002\u4e0d\u904e\u7576\u5e74\u5f7f\u5229\u6c11\u5927\u6168\u4e5f\u6c92\u6709\u9810\u8a08\u5230\uff0c\u6703\u51fa\u73fe\u96f6\u5229\u7387\u751a\u81f3\u8ca0\u5229\u7387\uff0c\u5b8c\u5168\u9055\u80cc\u57fa\u790e\u7d93\u6fdf\u5b78\u7684\u73fe\u50cf\uff0c\u8b93\u6211\u4e0d\u5f97\u8d70\u51fa\u5275\u9069\u5708\uff0c\u53bb\u5b78\u7fd2\u975e\u4e3b\u7d71\u7684\u7d93\u6fdf\u5b78\u7406\u8ad6\uff0c\u53bb\u89e3\u91cb\u73fe\u5be6\u4e16\u754c\u4e2d\u767c\u751f\u4e0d\u5408\u76f8\u7406\u7684\u7d93\u6fdf\u73fe\u50cf\u3002\u4eca\u6b21\u5148\u5b78\u7fd2\u6fb3\u5730\u5229\u5b78\u6d3e\uff08\u6bd4\u829d\u52a0\u5b78\u5b78\u6d3e\u66f4\u53f3\uff09\u7684\u89c0\u9ede\uff0c\u4e0b\u6b21\u8ad6\u5230\u65b0\u5de6\u6d3e\u7684\u73fe\u4ee3\u8ca8\u5e63\u7406\u8ad6(MMT)\u3002\u5dee\u4e0d\u591a\u6240\u6709\u95dc\u65bc\u9ec3\u91d1\u8207\u8ca8\u5e63\u7684\u7db2\u4e0a\u8cc7\u6599\uff0c\u6700\u7d42\u90fd\u6703\u6307\u5411\u9019\u672c\u9ec3\u91d1\u5bf6\u5178\u300aThe Case for Gold\u300b\uff0c\u65bc\u662f\u6211\u628a\u539f\u8457\u627e\u4f86\u95b1\u8b80\u3002 \u5148\u8aaa\u8aaa\u9019\u672c\u9ec3\u91d1\u5bf6\u5178\u7684\u4f86\u982d\uff0c71\u5e74\u7f8e\u570b\u7648\u9664\u91d1\u672c\u4f4d\u5236\u5ea6\u5f8c\uff0c\u63a5\u4e0b\u4f86\u7684\u5341\u5e74\u662f\u7d93\u6fdf\u5dee\u9ad8\u901a\u6f32\u7684stagflation\u5e74\u4ee3\u3002\u5217\u6839\u7576\u4e0a\u7e3d\u7d71\u5f8c\u65bc81\u5e74\uff0c\u5728\u570b\u6703\u6210\u7acb\u9ec3\u91d1\u59d4\u54e1\u6703\u6aa2\u8a0e\u7121\u9328\u8ca8\u5e63\u9019\u500b\u300c\u5be6\u9a57\u300d\uff0c\u7814\u7a76\u5982\u4f55\u62ef\u6551\u7f8e\u570b\u9762\u81e8\u5d29\u6f70\u7684\u7d93\u6fdf\u3002\u9ec3\u91d1\u59d4\u54e1\u6703\u6700\u5f8c\u64b0\u5beb\u6b63\u53cd\u96d9\u65b9\u5169\u4efd\u5831\u544a\uff0c\u4e00\u908a\u662f\u5f7f\u5229\u6c11\u548c\u592e\u884c\u884c\u9577Paul Volcker\u7684\u7121\u9328\u6d3e\uff0c\u53e6\u4e00\u908a\u773e\u8b70\u54e1Ron Paul\u70ba\u9996\u7684\u91d1\u672c\u4f4d\u6d3e\u3002\u6b77\u53f2\u7d50\u679c\u5927\u5bb6\u90fd\u77e5\uff0c\u91d1\u672c\u4f4d\u6d3e\u9810\u8a00\u7684\u8ca8\u5e63\u5d29\u6f70\u4e26\u6c92\u6709\u4f86\u81e8\uff0cPaul Volcker\u7528\u8d85\u9ad8\u5229\u7387\u58d3\u4f4e\u901a\u6f32\uff0c\u78ba\u7acb\u7f8e\u570b\u592e\u884c\u6642\u81f3\u4eca\u65e5\u4e00\u76f4\u5949\u884c\u7684\u4f4e\u901a\u6f32\u653f\u7b56\u3002\u9019\u672c\u66f8\u300aThe Case for Gold\u300b\u5c31\u662f\u7576\u5e74\u570b\u6703\u9ec3\u91d1\u59d4\u54e1\u6703\u91d1\u672c\u4f4d\u6d3e\u7684\u5831\u544a\u66f8\u3002 \u82e5\u679c\u8b80\u8005\u60f3\u5f9e\u66f8\u4e2d\u627e\u51fa\u91cd\u56de\u91d1\u672c\u4f4d\u7684\u6709\u529b\u8ad6\u9ede\uff0c\u6050\u6015\u6703\u5927\u5931\u6240\u671b\uff0c\u96d6\u7136\u653f\u5e9c\u4e0d\u505c\u5370\u9280\u7d19\u7684\u78ba\u4ee4\u8ca8\u5e63\u8cb6\u503c\u548c\u653f\u5e9c\u8ca0\u50b5\u589e\u52a0\uff0c\u4f46\u66f8\u4e2d\u9810\u8a00\u7121\u9328\u8ca8\u5e63\u7684\u7d93\u6fdf\u7206\u7834\u4e26\u6c92\u6709\u51fa\u73fe\u3002\u91d1\u50f9\u572871\u5e74\u8207\u7f8e\u5143\u812b\u920e\u6642\u662f$45\uff0c\u4eca\u5929\u5df1\u7d93\u8d85\u904e$1700\u7f8e\u5143\uff0c\u800c\u7576\u5e74\u4e00\u679d\u53ef\u6a02\u4e94\u7f8e\u4ed9\uff0c\u4eca\u65e5\u5247\u8981\u5169\u7f8e\u5143\u3002\u7576\u5e74\u4e00\u5b89\u58eb\u9ec3\u91d1\u53ef\u4ee5\u8cb7\u516b\u767e\u679d\u53ef\u6a02\uff0c\u4eca\u5929\u4e00\u5b89\u58eb\u9ec3\u91d1\u4ecd\u7136\u53ef\u4ee5\u8cb7\u516b\u767e\u679d\u53ef\u6a5f\uff0c\u76f8\u5c0d\u7684\u7f8e\u5143\u5728\u4e94\u5341\u5e74\u9593\u8cb6\u503c\u4e86\u56db\u5341\u500d\u3002\u7121\u9328\u8ca8\u5e63\u7684\u6700\u5927\u300c\u512a\u9ede\u300d\u662f\u8b93\u653f\u5e9c\u5bb9\u6613\u8209\u50b5\uff0c71\u5e74\u7f8e\u570b\u8ca0\u50b5\u4f54GDP\u768431%\uff0c\u5230\u4eca\u5929\u5df1\u8d85\u904eGPD\u7684100%\u4e86\u3002 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