一、引言根据凯恩斯经济理论,国债通常作为扩张性财政政策手段在社会总需求不足的情况下,作为政府增加有效需求的政策工具使用。我国政府在其长期的宏观调控实践中,一直将举借国债作为控制社会总需求、化消费基金为积累基金的力量的宏观调控手段。其基本根据是:第一,以举借国 I. Introduction According to Keynesian economic theory, government bonds are usually used as a policy tool for increasing the effective demand of the government under the condition of insufficient social aggregate demand as an expansionary fiscal policy. In its long-term practice of macroeconomic regulation and control, our government has always used the government bonds as a macro-control measure to control the total demand of the society and the consumer fund to accumulate the power of the fund. The basic basis is: First, to borrow the country