战争债券作为战争动员的有效工具,在从独立战争到第二次世界大战期间为美国的战争筹资发挥了重要作用。战争债券筹资功能的演变与美国财政体制、经济实力和人民参战意愿的变迁密切相关。新世纪美国政府为激发民众的爱国热情重启战争债券的发行,但付出的财政代价高昂。 War bonds, as an effective tool for mobilization of war, played an important role in financing the war in the United States from the War of Independence to the Second World War. The evolution of the financing function of war bonds is closely related to the changes in the U.S. financial system, economic strength and people’s willingness to participate in the war. In the new century, the U.S. government has restarted the issuance of war bonds to arouse the patriotic fervor of the people, but it has to pay a high financial cost.