历史经验表明,一个国家不能简单地将GDP、财政收入、外汇储备这种“外生性国力”与国力之间划上等号。在面临财政危机时,政府不是通过发行纸币和加大压榨力度来解决财政危机,而是顺势进行制度变革,通过公债等金融手段来解决财政危机。这才是“内生性国力”的动力逻辑。纵观历史,从“大财政”的视角来审视,实行从“外生性国力”到“内生性国力”的转换,实现“中国模式”的突破,是一个必然的进程。 Historical experience shows that a country can not simply equate the “exogenous national strength” of GDP, fiscal revenue, foreign exchange reserves with the national power. In the face of the financial crisis, the government did not solve the financial crisis by issuing banknotes and pressing more. Instead, it took the opportunity to make institutional changes and solve the financial crisis through financial means such as public debt. This is the dynamic logic of “endogenous nationality.” Throughout history, it is necessary to examine and implement the transition from “exogenous national power” to “endogenous national power” and realize the breakthrough in “China mode” from the perspective of “big fiscal” process.