There is a ticking time bomb under the dollar. When it explodes depends not just on the US economy but also on policy actions in Beijing and Washington. Over the last year the Chinese have undermined the dollar by the back-door, questioning it as a store of value and medium-of-exchange.
美元底下藏著一顆滴答作響的定時炸彈。什麼時候爆炸,既取決於美國的經濟形勢,也要看中美兩國的政策行動。在過去一年裏,中國暗中挖美元的牆角,對其作爲價值貯存和交易媒介的角色提出質疑。
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