术语“布雷顿森林制度”的详细信息

英译术语:

Bretton Woods (System)

汉语语境:

当代的全球流动性膨胀根源于布雷顿森林体系崩溃后的国际货币体系安排，黄金非货币化为美国向世界提供大量美元敞开了大门，美国通过持续的经常项目逆差对外提供美元流动性。全球流动性膨胀可分为三个层次，美国增加一美元的对外债务，将导致世界扩张大致两到三倍的流动性。中国作为经常项目和资本项目的双顺差国，全球流动性的输入直接导致了人民币面临国际贬值、国内升值的双重压力。

英语语境:

The root cause of present-day global liquidity inflation lies in the international monetary system arrangements after the collapse of Bretton Woods System. Gold demonetization provides an access for the U.S. to supply large amount of dollars to the world. Through consistent deficits in the current account, the U.S. provides dollar liquidity to the outside world. The problem of global liquidity inflation can be analyzed on three aspects. Adding one dollar to the U.S.'s foreign debts will double or triple global liquidity.