Chapter One Two Kinds of Factors of General Price Level and Inflation:

　Structural Factors and Aggregate Factors

　Section One Analysis on General Price Level and Its Factors

　1.1 Basic Concepts: Price System, General Price Level, and

　Two Kinds of Money

　1.2 Structural Determinants of General Price Level and Its

　Change: Changes in Absolute Price System and

　Relative Price System

　1.3 Aggregate Determinants of General Price Level and

　Its Change

　1.4 Comparison between Precious-metal Money System and Paper

　Money System: Change of General Price Level is the

　Systematical Feature of Paper Money System

　Section Two Analysis on Inflation and Factors Relevant to It in

　Paper Money System

　2.1 Basic Concepts: Inflation and Its Measure

　2.2 Structural Factors Relevant to Inflation

　2.3 Aggregate Factors Relevant to Inflation

　Summary

Chapter Two Inflation by Paper Money Expansion:

　Paper Money Expansion, Paper Money Devaluation and

　Inflation

　Section One Definition and Discrimination of Basic

　Concepts

　1.1 Paper Money Expansion and "Increase in Paper Money

　Amount in Circulation"

　1.2 Paper Money Devaluation and "Decrease in Value Magnitude

　Represented by Unit Paper Money"

　1.3 Initiative Expansion of Paper Money and Passive Expansion of

　Paper Money

　1.4 Paper Money Expansion and Inflation

　Section Two Initiative Expansion of Paper Money:

　Inflation by Paper Money Expansion

　2.1 Principle of the Inflation by Paper Money Expansion

　2.2 Cases of the Inflation by Paper Money Expansion

　2.3 Dealing with the Inflation by Paper Money Expansion:

　Monetary Policy

　Section Three Expansion of Paper Money and Increase of

　Aggregate Demand:

　A Popular Misunderstanding

　3.1 On Quantity Theory of Money

　3.2 On Keynesian School

　Summary

Chapter Three Passive Expansion of Paper Money:

　A Key Category

　Section One Passive Expansion of Paper Money and Inflation

　1.1 Passive Expansion of Paper Money

　1.2 Causes of Passive Expansion of Paper Money

　1.3 Opinions on Passive Expansion of Paper Money

　Section Two Transfer of Money and Inflation

　2.1 Change of Real Interest Rate and Transfer of Money Amount

　2.2 Money Transfer Caused by Inflation

　Section Three Passive Expansion of Paper Money and Failure of

　Monetary Policy

　Summary

Chapter Four Inflation by Operation of Value Laws:

　Inflation Effect by Relative Change in Labor

　Productivities

　Section One Change of Labor Productivities and Change of

　Relative Price System

　Section Two Downward Rigidity of Absolute Price

　2.1 Meaning of Downward Rigidity of Absolute Price

　2.2 Formation of Downward Rigidity of Absolute Price

　Section Three Selection of Dynamic Reference Commodity:

　"Top-price-based" Laws

　3.1 Referentially Relative Price

　3.2 Relative Price Difference

　3.3 Determination of Referential Commodity (1)

　Section Four Rise in Absolute Price and Inflation:

　Ratchet Effect

　4.1 Determination of Absolute Price in Term t + 1

　4.2 Rise in Absolute Price in Term t + 1 and Inflation

　4.3 Inflation Effect by Relative Changes between Labor

　Productivities: Inflation by Operation of Value Laws

　Section Five "Systematic Characteristics of Market Mechanism" in

　Paper Money:

　Inflation Effect by Microeconomic Behavior

　Section Six A Simple Numerical Example

　6.1 Assumptions

　6.2 Explanation of Inflation

　Section Seven Case:

　Largely Inflation by Operation of Value Laws

　Summary

　Appendix of Chapter Four An Inherent Contradiction of Socialist

　Economy: A Cause of Transition from Socialist Planned

　Economy to Market Economy

Chapter Five Inflation by Market-push (Ⅰ):

　Inflation Effect by Operation of Market Mechanism

Chapter Six Inflation by Market-push (Ⅱ):

　Inflation Effect by Demand Rigidity

Chapter Seven Summary of Inflation Effect by Micro-economic Behavior:

　Failure of Monetary Po