目前,加大对总需求的刺激,容易让人们担心对总需求的刺激会导致总需求膨胀,其实,这种担心是不必要的。我们现在对总需求的强度刺激,不会导致总需求膨胀。因为:第一,我国过去长期存在的总需求膨胀是传统体制弊端的最集中表现,是财产关系的约束严重软化的结果;而我国传统体制经过20余年的改革,已经得到了根本性改造,财产关系约束已开始硬化,市场化的进程很快,因而总需求膨胀实际上已失去了其存在的体制基础,不会因对总需求的刺激而再度膨胀。第二,我国过去的总需求膨胀的形成,主要是因为传统体制的低效性窒息了供给的能 At present, increasing stimulus to aggregate demand easily causes people to be worried that the stimulation of aggregate demand will lead to an increase in aggregate demand. In fact, such a worry is unnecessary. We are now stimulating the intensity of aggregate demand without causing any expansion in aggregate demand. This is because: First, the long-standing aggregate demand expansion in our country was the most concentrated manifestation of the drawbacks of the traditional system and the result of a severe softening of the property relations. After more than 20 years of reform, the traditional system in our country has been fundamentally transformed. Property The relational restraint has begun to harden and the process of marketization has been fast. Therefore, the expansion of aggregate demand has virtually lost its institutional foundation for its existence and will not be inflated again by the stimulation of aggregate demand. Second, the general expansion of aggregate demand in our country was mainly due to the inefficiency of the traditional system suffocating the energy supply