中国人民银行统计数据显示，截至去年末我国广义货币(M2)余额达97.42万亿元，突破百万亿元已没有悬念。且该数据已接近全球货币供应总量的四分之一，毫不夸张地说，中国已成为全球货币存量第一大国。

The people's bank of China statistics,The proceedings in the broad measure of money(M2)Balance of 97.42 trillion yuan,Break through one hundred trillion yuan has no suspense.And the data already close to a quarter of the total global money supply,It is no exaggeration to say,China has become a global money stock first great nation.

　　这一数据是美国的1.5倍，英国的4.9倍，日本的1.7倍，比整个欧元区的货币供应量多出20多万亿元。

This data is 1.5 times that of the United States,Britain's 4.9 times,Japan's 1.7 times,More than the whole of the euro area's money supply more than twenty more than one trillion yuan.

　　尤为引人注目的是，这些货币大部分是在最近几年堆砌而成。2000年时，我国M2余额约为13万亿元，至2008年还未达到50万亿元。而在国际金融危机爆发之后，自2009年起，货币存量每年跨越一个“十万亿”级台阶，在这几年上演出“狂飙突进”一幕。

Particularly striking is,Most of these currencies in recent years is built into.In 2000,Our country M2 balance is about 13 trillion yuan,To 2008 has not yet reached 50 trillion yuan.And in the international financial crisis broke out later,Since 2009,Money stock over a year"Ten trillion"steps,In this years on performance"Hurricane dart"scene.

　　客观地讲，货币的迅速飙升并非某一个部门的责任，而是长期以来我国经济发展不平衡、国际收支双顺差的结果。

Objectively speaking,The money has gone up rapidly is not a departments of responsibility,But for a long time China's economic development is not balanced/International balance of payment surplus results.

　　短时间内聚集的大量货币给经济带来的影响不言而喻。众所周知，美元作为全球货币，其历次大规模超发均给全球美元持有者带来灾难性后果，故有尼克松时代美国财长康纳利的名言：美元是我们的货币，却是你们的麻烦。但美元可以流通至全世界各个角落，对于我国来说，在人民币“出海”仍不成规模的背景下，在国内凝聚起来的货币存量无疑加剧了国内经济运行的风险。按照前央行货币政策委员会委员李稻葵的比喻，中国拥有如此大的货币存量，就如同头上顶着一个堰塞湖。“规模过大的货币存量会带来相应的风险，比如高通胀、资产价格泡沫或资金外流。”

A short time gathered a large number of money to the economic impact of self-evident.As is known to all,Dollar as the global currency,Its all previous large-scale super hair are to the global dollar holders have disastrous effects,It is time the United States Treasury secretary Nixon connery saying:The dollar is our money,Is your trouble.But the dollar can flow to every corner of the world,For our country,,In the"sea"Still no under the background of the scale,In the domestic condensed up money stock no doubt increased the risk of domestic economic operation.According to the central bank's monetary policy committee LiDaoKui parables,China has so much money stock,Like a lake on his head."Scale big money stock will bring the corresponding risk,Such as high inflation/Asset price bubbles or capital flight."

　　从中长期看，更为严峻的后果是，迅速飙升的货币存量将我国经济货币化倾向暴露无遗。目前我国M2与GDP之比接近190%，这一数字较前几年呈现加速度增长态势，折射出投资效率明显下降的事实，以资金推动经济增长的发展模式正日渐走进死胡同，指望靠资金拉动经济的想法可以休矣。

From the long run,More serious consequence is that,Rapidly rising money stock will be China's economic monetization tend to reveal.At present our country M2 and the ratio of GDP to 190%,This number is a few years ago present acceleration growth situation,Reflects the fact that the investment efficiency decreased obviously,To promote the development of the capital economic growth model is getting more and more into a blind alley,Betting on capital stimulate economic ideas can Sue yi.