NEW YORK – The recent decision by the Bank of Japan to increase the scope of its quantitative easing is a signal that another round of currency wars may be under way. The BOJ’s effort to weaken the yen is a beggar-thy-neighbor approach that is inducing policy reactions throughout Asia and around the world.
纽约—日本银行最近决定提高量化宽松范围，这表明新一轮货币战争可能已经箭在弦上。日本银行的日元贬值政策是一种以邻为壑策略，正在导致整个亚洲和全世界的政策反应。