And so you had three aspects going on really: You had first of all a currency turmoil;

因此一共有三个方面的因素：一是货币动荡；

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As Keynes famously observed, "you can't push on a string" -quantitative easing is more likely to generate asset bubbles and currency turmoil than employment.

正如凯恩斯的名言：“你不能推一根绳子”——货币量化宽松政策更像是在产生资产泡沫和货币乱局而非就业岗位。

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In a more recent study they found that countries with insufficient reserves to insure their financial systems suffered bigger currency crashes during last year's turmoil.

在一个更近期的研究中，他们发现缺乏充足储备不能为金融系统提供保险的国家，其货币在去年的动荡中取得更大的跌幅。

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In some ways the Asian currency turmoil and economic recession has taken the heat off politics.

BBC: In Hong Kong, life goes on

Is the rupee likely to fall further as Asia's currency turmoil continues?

CNN: Booking a Passage to India

Be that as it may, the currency turmoil will have economic effects.

ECONOMIST: Currency worries in Brazil and Mexico