互联网金融对我国货币政策影响分析

互联网金融快速发展所带来“存款搬家”、银行业改革、货币基金崛起等现象正在改变着金融市场格局，也逐步对货币政策产生影响。从互联网金融影响货币政策的机理出发，通过对货币需求、货币供给和货币政策效率三个方面分析，得出以下结论：一是互联网金融能够促进公众投资性动机，增加货币需求；二是互联网金融间接拓宽了货币供给渠道，削弱货币供给的可控性、可预测性与相关性；三是互联网金融干扰了货币政策制定的准确性与实施的有效性。

The Impact of the Internet Banking over Chinas Monetary Policy

The rapid development of Internet banking has led to the deposit moving, banking reform and monetary fund development, which are not only changing the pattern of the financial markets, but also having an impact on monetary policy. From the influence of Internet financial mechanism of monetary policy, this paper analyzes the current money demand, money supply and efficiency of monetary policy. It has made the following three conclusions. First, the Internet can promote the publics investment motivation and increase the money demand. Second, the Internet banking can broaden the money supply and reduce the money supplys controllability, predictability and relevance. Third, the Internet banking disturbs the accuracy of monetary policy making and the effectiveness of monetary policy implementation.