【摘要】 现代货币理论的核心思想是拥有主权货币的政府不会面临财务约束，财政赤字等于非政府部门的盈余，其政策建议是存在闲置资源时，要扩大政府支出和实施就业保障计划；现代货币理论的实质是增发货币能够直接获取价值。大多数国家增发货币实现价值增殖的条件，是直达私营部门的货币能促进生产与消费、政府长周期投资预付的货币促进短周期生产。现代货币理论在中国的运用需要根据现实条件来选择政府支出方案，可选路径是建设社会主义新农村与优化生产空间布局。更多还原

【Abstract】 The core idea of the modern monetary theory is that the government with sovereign currency will not face financial constraints, and the fiscal deficit is equal to the surplus of the non-government sector.Its policy suggestion is to expand government expenditure and implement employment guarantee schemes when there are idle resources.The essence of the modern monetary theory is that additional issuance of currency can obtain value directly.In most countries, the condition of increasing the value of currency is that the currency directly to the private sectors can promote production and consumption, and the currency advanced by the government for long-term investment can promote short-cycle production.The application of the modern monetary theory in China needs to choose the government expenditure plan according to the actual conditions, and the alternative path is to build a new socialist countryside and optimize the spatial distribution of production.更多还原