Marx And Keynes Monetary Theory Of Overlapping Consensus

With the development of countries in the world commodity economy, the role of money in the economy increasing, but the economics, monetary theory has always been an area of heated debate. This is continuing to spread in the current world economic crisis, when people feel hard to understand the causes of the economic crisis, choose the response is indecisive, the world's many people of insight and thought have been in heaven, two economists, one bits of Marx, another by Keynes, the economic crisis, the rise of theory has a "Marx hot" and "Keynes fever", the paper the development of monetary theory and monetary theory, to sort out the various arguments, monetary theory, a variety of arguments. Focus is on currency is a medium of exchange, store, or denominated in units of the value of its currency, the stock or flow, the relative price of currencies, or the overall price level is a neutral non-neutral, are endogenous, exogenous a range of issues. Marx and Keynes monetary theory in the monetary functions, money demand theory, money supply theory, the currency of interest rate comparison drawn in the currency of an economic nature recognition and application of the money supply has a certain exogenous money supply, the number of decisions, the interest rate decisions and regulation mechanisms of the similarities and learn from the Department, the monetary policy adjustment mechanism of the consensus and the use of the consensus on the financial crisis further explanation.Whether Keynes or Marx believe that the instability of the capitalist economic relations, the ultimate expression of the ratio for the monetary aggregates and disharmony, that is a virtual currency and the real economy does not correspond to between, there are still a lot of people's understanding of the crisis and does not rise to the virtual nature of modern money and understand, so understanding of the total money supply in circulation of goods.The seventies of last century, after the oil crisis, the unprecedented government intervention in theory by the challenges and questions have been restored and respected advocate of liberalism, when the Keynesian market interventions on the role of the national economy weakened and dissipated at the time, Friedman The popularity of monetary theory, the theory of government intervention to give up the impulse, just asked the monetary authorities to maintain appropriate growth of money supply can be everything is all right. Although this policy is simple, but it is easier to be fooled by the market, current financial product innovation really dazzling artificially create a number of currencies, are at the central bank's financial statements reflected and given due attention becomes a very important. With the deepening of China's financial reform, we must fully understand and grasp the nature and characteristics of modern currency, fully understand and learn from developed market economy countries currency manipulation, the policy adjustment lessons, excluding neo-classical "dichotomy" of monetary claims and explained, to adapt to the global economic adjustment under the post-crisis needs, promoting China's economic stability, sustained, moderate growth and development,I am domestic and international economic policies to maintain consistency and coordination.Monetary policy must establish a proper idea of loosening the control of monetary aggregates and determination, coupled with the operation of monetary policy instruments from direct intervention to indirect control, from the administrative means to a market-based economy means change is very necessary and practical of the.