投资膨胀与通货臌胀没有必然联系 1978年以前,我国的经济建设曾经出现过三次投资规模盲目扩大的情况。第一次是1958年,基本建设投资比上一年增长88％,使当年的基本建设拨款占到财政开支的56％,积累率高达33.9％。在以后两年中积累率仍高达39.6％—43.8％,结果连续三年出现财政赤字。 There is no necessary link between investment expansion and inflationary inflation Before 1978, there were three occasions in our country’s economic construction in which the scale of investment was blindly expanding. The first was in 1958 when investment in capital construction increased by 88% over the previous year, bringing the capital construction allocations to 56% of the fiscal expenditures for the year with a cumulative rate of 33.9%. In the next two years, the accumulation rate is still as high as 39.6% -43.8%, resulting in three consecutive years of fiscal deficits.