为什么提高利率物价不降反升呢?关键是提高利率初期抑制供给的力量远远大于抑制需求的力量,因而,提高利率后反而加剧供求失衡的矛盾,进而加剧物价上涨。刺激生产降低成本才是良方。物价为何不降反升伴随着物价连续走高,存贷款利率提高的预期增强。理论上认为提高利率是抑制通货膨胀的主要手段,然而笔者长期观察发现,短期内提高利率不仅不能抑制通货膨胀,反而可能加剧通货膨胀,物价将出现更加猛烈的上涨态势。 Why raise interest rates to rise or fall? The key is to raise the interest rate initially inhibit the supply of power is far greater than the power to curb demand. Therefore, raising interest rates instead of increasing the imbalance between supply and demand contradictions, thereby aggravating price increases. Stimulate production to reduce costs is the recipe. Why prices do not fall and fall With the continuous rise in prices, loan and deposit interest rates increase the expected increase. In theory, raising interest rates is the main means to curb inflation. However, the author’s long-term observation shows that raising interest rates in the short term can not only restrain inflation but may aggravate inflation and escalate the prices more violently.