特里芬

事实证明，这种观点被称为“特里芬难题”（triffindilemma）具有先见之明：布雷顿森林体系于1971年崩溃。

This view known as the " Triffin Dilemma " proved prescient : the Bretton Woods system fell in 1971 .

从特里芬难题看美元的扩张及其影响

Viewing the US dollar expanding and its affect from the Triffin Dilemma

特里芬难题的合理内核及其解的分析

The Rational Nucleus of " Robert Triffin Dilemma " and Analysing Its Solution

全球经济失衡持续加深，其根源是新时期的美元霸权与“新特里芬难题”。

The global economy is involved in further unbalance , which is the result of the new US dollar privilege and the " New Triffin Dilemma " .

实际上，中国决策者就担心其持有的巨额美元储备的减值风险。根据特里芬的逻辑，中国自己的政策加剧了这一风险。

Indeed , Chinese policymakers are worried about the risk to the value of their vast dollar holdings that , on Triffin 's logic , their own policy exacerbates .

然而随着美元的持续贬值、“双赤字”问题以及“新特里芬悖论”等原因，“石油美元”体制日渐衰落。

However , as the Dollar continuously depreciates and also due to some other factors such as Twin Deficits and New Triffin Dilemma , the Petro-Dollar system has been on the slide .

表面来看，特里芬理论的现代版本能够解释近些年来美国持续的经常账户赤字为这一赤字提供融资的主要是购买美元债券的外国政府。

On the face of it , a modern version of the Triffin critique explains recent persistent American current account deficits ; they have been funded largely by foreign governments buying dollar bonds .

导致布雷顿森林体系崩溃有两个关键的原因：一是特里芬难题的体现；另一个是金本位的覆灭。

There are two key reasons for the collapse of the Bretton Woods System : The first is the embodiment of Triffin problem and the second , the collapse of the gold standard system .

特里芬难题的推论之一是，美元的国际作用，可能会让美国很难成功地管理自身的财政事务，即便美国希望这样做。

A corollary of the Triffin Dilemma is that the international role of the dollar could make it hard for the us to manage its fiscal affairs successfully , even if it wanted to do so .

随着世界经济格局的转变和国际经济关系的发展变化，现行的牙买加体系虽然在一定程度上解决了布雷顿森林体系的致命缺陷&特里芬难题，但在理论上仍然存在许多不合理的问题。

With the changes of the world economic situation and transformation in international economic relations , although Jamaica system solves the fatal defects of Bretton Woods Monetary System - " Triffin dilemma " to some extent , there are many unreasonable questions in theory .