令人忧心的干预

普林斯顿——

时值雷曼兄弟2008年12月15日破产两年之际,最值得关注的是日本单边采取货币干预,下调日元价值。这一行为标志着全球金融危机的特征已不再是担心银行业问题,而是关注世界上紊乱的汇率体系,或者说是目前缺乏一个汇率体系。

日本干预的消息传出后,世界一片哗然。美国政客们指责这一行为是掠夺性的;欧洲人认为这会让各国争相降低币值。瑞士的央行最近耗资巨大,徒劳地试图停止瑞士法郎对欧元升值,这种行为造成的却是该银行资产负债表上的巨大损失。

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