在私人和公共去杠杆化侵蚀着经常项目赤字国内需而结构性问题给盈余国带来相同影响的当口，用汇率来提振净出口是一个零和博弈。
Using exchange rates to boost net exports is a zero-sum game at a time when private and public deleveraging is suppressing domestic demand in countries that are running current-account deficits and structural issues are having the same effect in surplus countries.