摘要:The thesis analyzes the role of transform risks caused by innovation tools, the extent to which financial innovation tools have an influence on risks of financial system, the extent to which financial innovation has an influence on financial statement and macro monetary policy, the extent to which financial innovation exerts influences on classification of monetary, government’s requirement for monetary, the degree to which financial innovation exerts an influence on control of money supply. This thesis studies the alternative and significance of monetary aggregates, a new perspective of financial innovation and general money supply. Financial innovation can enhance the efficiency of the whole financial market and proactively promote economic development. Financial innovation is charactered by anteriority and financing, also can erase inflation.