Professor Maury Obstfeld of the University of California at Berkeley and I have been warning for some time that without pro-active policy adjustments, the dollar is vulnerable to a sharp collapse, with many attendant risks. Unfortunately, that scenario now seems to be unfolding.
我和加州大学伯克利分校的奥茨菲尔德教授一段时间以来一直警告说，如果不加以积极主动的政策调整，美元有可能会大幅度崩盘，并且伴随许多风险。不幸的是，这一局面似乎正在显现。