宋代通货膨胀问题辨析--兼论宋代纸币的性质

宋代是人类历史上首次大规模发行纸币的时代 ,由纸币、金属货币和有价证券共同构成的宋代货币体系 ,其相互关系的复杂及其不确定性导致了宋代通货膨胀的复杂和持久 ,也造成了对这一问题看法上的诸种分歧和不足。事实上 ,宋代正当中国古代社会经济大转型时期 ,其通胀成因错综复杂 ,表现出混合型的特征。宋代纸币是一种混合货币

On the Inflation in the Song Dynasty--With a Passing Remark on the Character of the Song Dynasty's Paper Currency

In the Song Dynasty, paper currency was issued on a large scale for the first time in China. The monetary system of the Song Dynasty was composed of paper currency, metal currency and negotiable securities. The complexity and uncertainty of their correlation aroused not only the complexity and long duration of the inflation in the Song Dynasty but also various viewpoints on this issue. As a matter of fact, the Song Dynasty was in the process of great feudal economic changes, and the causes of its inflation were therefore intricate and complex.