I share the growing concern about the misalignment of currencies. Brazil’s finance minister speaks of a latent currency war, and he is not far off the mark. It is in the currency markets where different economic policies and different economic and political systems interact and clash.
人們對匯率失調日益感到擔憂,我也同樣如此。巴西財長談到可能會爆發匯率戰爭,他的話并不太離譜。正是在外匯市場,不同的經濟政策以及不同的經濟與政治體系發生著相互作用和沖突。
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