蒙代爾：中國虛擬銀行系統問題被夸大到了極壞的程度

“諾貝爾經濟學獎”獲得者、美國哥倫比亞大學教授羅伯特·蒙代爾先生

　　【本期導讀】美聯儲退出QE的步伐是否正在加快？這將會對全球和中國金融市場產生哪些影響？美元未來是否將繼續處於領導地位？美元-歐元-人民幣聯盟的世界貨幣體系構建還要多久？人民幣國際化改革措施收效如何？帶著這些疑問，本期《金融街（行情，問診）會客廳》專訪“諾貝爾經濟學獎”獲得者、美國哥倫比亞大學教授羅伯特·蒙代爾先生。

　　JRJ：Mr. Mundell，And now china’s m2 has been over 100 trillion by recently but still short of money. And there is a saying that the reason for this is that because of the federal reserve to tighten quantity. Do you agree with this opinion？

　　金融界：蒙代爾先生，現在中國的M2（廣義貨幣量）已經超過100萬億元，但最近仍然缺錢。有一種說法認為出現這種狀況的原因是美聯儲在逐步收緊流動性。你同意這種看法嗎？

　　Mundell：I think there has been some talking mechanicals of this country because I feel this virtual banking system sounds big increasing rate .Almost this debt issue has been exaggerated into the worst climate. I know the food trading system of this thing might meet around a terrible lapse. But what I believed in the case is that，I hope so，something special about china’s the top government is not that large . But the debt is concentrating at the banking system，which is larger than normal in some ways.That’s because there’s not many euro they are holding on the side of the country. The US is far greater of the asset debt to bankruptcy and china is not too specific in the banking，total banking.

　　蒙代爾：我想還是跟國家所采用的應對措施有關，因為我聽到的關於中國影子銀行系統的說法越來越多，比如稱債務問題幾乎被夸大到了極壞的程度、交易系統的整個鏈條可能都會出現可怕失誤等，對於這個事件，我相信並希望它像中國政府所認為的那樣不是很嚴重。但集中在中國銀行（行情，問診）系統的債務問題確實比一般情況嚴重，這是因為從國家層面來說，持有的歐元數不多，而美元資產債務遠超他國。相比之下，中國銀行業債務情況還沒有太清具體的數據。