金融危机背后：一个政治哲学的视角

美元本位潜在风险体现为四个方面，即预期≠现实，美元≠美国，过度国债=信用不可持续，合法性不足：私人力量对国家利益的绑架，这些风险使得美元通胀不可避免。1970年代，美元信用来源由“抵押为主”转向“强制主导”，基于这一转换，“美元只能流通不能储备”成为被多数国家认同的事实，“存钱不等于存财富，资源才是财富”被人们普遍接受。这两点使得美元在实际经济运行中仅仅具有支付和流通意义。美元的运行表现出一种“击鼓传花”的游戏特征，其中，“花”=美元，“鼓”=危机，危机没来，“花”可以照传，危机一到，“花”落谁家谁就吃亏。这就是全球金融利益博弈的新格局，也是此次危机的本质所在。

Behind the Financial Crisis:A Perspective from the Political Philosophy

The potential risks of dollar standard can be seen in four aspects, namely, expectations≠reality, the dollar≠the United States, excessive debt = credit being not sustainable, and the lack of legitimacy = kidnapping the national interests by the private power, which have made dollar inflation inevitable. In 1970s, because of the change of dollar credit, from the ＂collateral - based＂ to the ＂mandatory - led＂, it was generally recognized that ＂the US dollar is used only in flow but not in reserve＂, and that ＂deposit does not mean depositing wealth, and resources are actually the wealth＂. The operation of US dollar shows a characteristic of drumming and delivering flower. However, ＂flower＂ does not mean dollar, nor does ＂drum＂ announce the arrival of crisis. ＂Flower＂ can be delivered in the absence of crisis. When there is crisis, the receiver of the ＂flower＂ will be in trouble. This is the new pattern of the game of global financial interests, but it is also the essence of the international financial crisis now.