【作者】 郭峻峰；

【导师】 孔祥毅；

【作者基本信息】 山西财经大学 ， 金融学， 2015， 硕士

【摘要】 早在秦汉时期，桑弘羊就曾提出“交币通施”，“币与世易”的货币流通观点。随着社会的进步，货币材料也经历了漫长的历史演变：从贝、盐等实物货币到金、银等贵金属货币，再到铜、铁等贱金属货币，直到近代纸币的产生。在人类已经迈入信息时代的门槛后，电子货币为主要货币的时代或将来到。同时，与币材相关的货币制度，自春秋时期就受到执政者足够的重视，例如，管子就曾提出“以轻重御天下”的货币管理制度；汉代贾山也曾提出，“钱者”不可“令民为之”的货币发行观点。币材的演变直接影响相应货币制度的变化，尤其是从有实体价值的金属货币到无实体价值的纸币的演变，引发了中国纸币制度的创设。在唐宋摸索实践的基础上，元朝实行了更大范围、更加完备的纸币制度。一方面，这一制度在金融史上具有划时代的开创意义，让我国走在了纸币制度实践的前列；另一方面，与纸币制度相伴随的剧烈通货膨胀，不仅加速了元朝的灭亡，还令明清两代视纸币发行为“畏途”，滞缓了我国纸币制度在明清时期的步伐，最终让我们在纸币制度的道路上反落于西方之后。当今数字货币时代，会引发货币制度的又一次升级换代。在这样的背景下，探讨元朝纸币制度的演进历程，从长时空的角度总结其成败得失，或许会让我们在时空转换的关头有更多清醒的认识。论文中，我们探讨了元朝选择纸币制度的原因，纸币制度思考及实践的几个演变过程，并对这些演变做了分析。我们认为：元朝的纸币制度弥合了金属货币供求的鸿沟，是早期纸币发行经验的自然延续，具备了纸币发行制度的现实基础；其制度的产生和实践过程具有许多先进之处，后期通货膨胀的治理也迸发着货币思想的火花，为我国货币制度的演进积累了丰富的经验与教训。站在当前这样一个时代背景下，笔者从立体的、动态的角度剖析了元朝四次货币制度改革的历程，分析其丰富的历史经验和教训，对当代数字货币的制度设计有着重要的借鉴意义。但是，本文关于新时代下货币制度的问题，只是给出启发性、原则性的建议，不能直接用于实践，因此还需要进一步的分析和研究，这是本文的不足之处。更多还原

【Abstract】 As early as the Qin and Han dynasties period, Sang Hong-yang had put forward themonetary theory To pay money through market and The currency market. Alongwith the development of society, the money material also experienced a long history ofevolution: From shell, salt and other physical currency to the precious metals (such asgold and silver currency), to base metals (such as copper and iron), until modern time’spaper money. Today, mankind has already entered the information age, and maybe theera of electronic currency as the main currency will come soon. At the same time,associated with the monetary system, authorities had brought up attention to thecurrency material in Chun-qiu and Zhan-guo period. For example, Guan Zi hasproposed the monetary theory Rule the world by different kinds of coins. In the Handynasty, Jia Shan also have suggested that The distribution rights of currency can’t begiven to the people. The evolution of currency material directly affect the change of themonetary system, especially from the metal currency of real value to the paper moneyof valueless, leading the revolution of Chinese paper money system.On the basis of the Tang and Song dynasty practice, the Yuan dynasty implementeda wider and more complete system of paper money. On the one hand, this system has theepoch-making significance in financial history, letting our country walk in the forefrontof the paper money system practice. On the other hand, paper money systemaccompanied by severe inflation. It not only accelerated the collapse of the Yuandynasty, but also intensified the fear of paper money in the Ming and Qing dynasties,slowing down the progress of paper money system in the Ming and Qing dynasties andfinally let it fall behind of the western country. In today’s modern era, digital currencywill trigger the upgrade of monetary system again. In this background, discussing theevolution of monetary system in the Yuan dynasty and the experience of success andfailure, may let us know more about monetary system today.In this paper, we discussed the reasons of selecting the paper money system of theYuan dynasty and the thinking of paper money system practice of several evolution processes. Finally we come to the conclusion: the monetary system of the Yuan dynastymade up the gap of metal currency supply and it is also a natural continuation of theearly monetary experience, having the basis of the currency distribution. The system hasa number of advancing experience and the governance of inflation also burst withmonetary thought spark, which accumulated rich experience and lessons for theevolution of Chinese monetary system.Standing in the current society, the author made three-dimensional analyses for thefour times of the reform of the monetary system of the Yuan dynasty, analyzing its richhistorical experiences and lessons, which have important significance to the digitalcurrency system. But in this paper, the author just give a recommendation ofenlightening and principled for the question of monetary system under the new era,which cannot be directly used in practice(and this is the deficiency of this article), so weneed further analysis and research.更多还原