Unlike United States Federal Reserve chairman Ben Bernanke, most emerging-market central bankers are in no position to extend blank checks across their economies without a boomerang effect on interest rates and exchange rates. (We will see how investors judge the dollar once the smoke clears and the huge expansion of US money and debt becomes evident.)
和美联储主席本·伯南克不同，绝大多数的新兴市场中央银行官员不能在不对利率和汇率产生反向效应（boomerang effect）的情况下，将空白支票用到他们的经济上。（我们将会看到，一旦美国的烟雾弹消失，以及美国的货币和债务的巨大扩张变得明显时，投资者会怎样评价美元。）