Войны доллара возвращаются

Столкнувшись с неопределенными перспективами повторных выборов, и обеспокоенный потерей рабочих мест, президент Соединенных Штатов Джордж В. Буш начал обвинять другие страны, посылая своего Министра Финансов требовать, чтобы они подняли свои курсы обмена для того, чтобы сделать иностранные товары дороже для американских потребителей. Такова была миссия Джона Сноу во время его недавней поездки в Китай, но его цель была не новой. Два предшественника Сноу, Джон Конналли и Джеймс Бейкер, пускались в подобные поиски желательных с политической точки зрения курсов обмена.

То, что просил у Китая Сноу - это странное требование: мы обычно не идем в магазины и не просим, чтобы владелец магазина поднял свои цены. Но появление могущественных новых валют всегда провоцирует новые попытки при использовании курсов обмена в политических целях.

В течение двадцати лет после II Мировой Войны было только две основные международные валюты, так же как и в межвоенный период: британский фунт и американский доллар. К концу 60-х гг. фунт был так ослаблен, что международные рынки потеряли к нему интерес. Вместо этого появились две новые основные валюты, поскольку мощь японской и (западной) немецкой экономик произвела большие торговые излишки.

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