President Donald Trump’s tweeted demands for a weaker dollar, and his subsequent designation of China as a “ currency manipulator”, have sparked fears that his trade battles are morphing into a currency war. The last time we had a global competitive devaluation was in the 1930s, as the world descended into the Depression. But today, currency values are set in huge global markets rather than against gold. That leaves the US alone on the battlefield, armed with only the equivalent of a pea shooter.
美国总统唐纳德•特朗普(Donald Trump)发推文要求美元贬值，随后还将manbetx3.0 列为“汇率操纵国”，这让人们担忧他发起的贸易战正在变成汇率战。上一次我们经历manbetx app苹果 竞争性贬值是在20世纪30年代，当时世界陷入了“大萧条”(Great Depression)。但今天，汇率是由庞大的manbetx app苹果 市场决定，而不是相对于黄金设定。这使得美国在战场上是孤家寡人，而且只有相当于一个豌豆射手的火力。
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