In the forth part , i analyse the change of monetary intermediary target in developed country and the problem of operating policy in our country . then i argue that we should revise the intermediary target including gradually giving up the monetary quantity supplied and shifting into the control of inflation . we also should t settle a series of problems such as the independence and credibility of the people ' s bank of . china , the target in the operation of monetary policy , the range of inflation 第四部分通過分析發(fā)達(dá)國(guó)家貨幣政策中介目標(biāo)的變化和我國(guó)當(dāng)前貨幣政策在操作過程中遇到的問題,提出應(yīng)對(duì)我國(guó)貨幣政策中介目標(biāo)進(jìn)行重新界定,主張逐步放棄貨幣供應(yīng)量目標(biāo)而轉(zhuǎn)向建立一個(gè)通貨膨脹目標(biāo)下的貨幣政策框架,并在這一過程當(dāng)中分別解決人民銀行的獨(dú)立性與可信性、貨幣政策操作的框架目標(biāo)、可行的通貨膨脹目標(biāo)等一系列問題。