Once the monetary rules of the game incorporate the real exchange rate, and assuming that fiscal policy remains supportive, investors can look forward to a less volatile and more competitive currency.

一旦货币游戏的规则中纳入了实际汇率，假设财政政策仍然支持，那么投资者们就有望看到一种波动性更小而竞争力更强的货币。

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 23.12.2010

© Project Syndicate 1995 – 2011

http://www.project-syndicate.org/ 23.12.2010