The easy money policies of the US and Japanese central banks are inspiring worried talk of “currency wars”. The fear is that newly printed dollars and yen will flood into fast-growing emerging markets, driving up their currency values, undermining their exports and creating local asset bubbles. In this analysis, emerging market leaders are fighting in vain to hold back a destructive tide.
美联储和日本央行的宽松货币政策引发关于“货币战争”的讨论，人们担心的是，新印的美元和日元将涌入快速增长的新兴市场，推升这些国家的币值，打压它们的出口，导致当地资产出现泡沫。按照这种分析，新兴市场领导人正在徒劳地抵御一股具有破坏性的洪流。
您已阅读9%（509字），剩余91%（5400字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。