But the French have not indicated that they will push for sanctions against chronic surplus countries that fail to adjust their currencies. The absence of such sanctions was a critical weakness of the original Bretton Woods system, and it remains a central weakness of our own – not coincidentally referred to as Bretton Woods 2.
这堪称正确的一步，也说明他们确实从历史中吸收了教训。但法国人也没有提出会对那些不愿调整本国货币的长期贸易盈余国家实施制裁。而制裁的缺失恰恰是布雷顿森林体系的最关键弱点，而它也体现了我们自身的某个重要弱点——而不仅仅是意味着下一个布雷顿森林体系。